Action For Children Quiz Winter 2024 C/D...
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Council Tax
4 Answers
Does anyone know if places like churches,schools and community buildings in general are liable for council tax and if so how would it be assessed.
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Council Tax only applies to residential properties. Other buildings (unless exempt) pay business rates. These are calculated as follows:
1. The Valuation Office determine a 'Rateable Value' for the property. This is their professional estimate of the annual rent which could be obtained for the property if it was let on the open market at a specific date. (For the time being, that date is 1st April 2003).
2. Each year the government determine a figure called the 'Uniform Business Rate'. This is currently 42.2p 'in the pound' (for most properties - I'm trying to keep this simple!).
3. The local authority then issue a bill for business rates using the Uniform Business Rate as a multiplier. e.g. a big factory might have a rateable vale of �100,000 (because that was the estimate of the annual rent which could be obtained for the factory if it was let on 1st April 2003). The government has set the current Uniform business rate at 42.2p for every �1 of the rateable value. So the local authority sends a bill for 100,000 x 42.2p = �42,200.
All of the above applies to all non-domestic properties which are not exempt. Those properties which are exempt include farms (except for residential accommodation), churches and properties with rateable values of less than �2,200. There are more examples here:
http://www.bracknell-forest.gov.uk/business/bus-business -rates/bus-exempt-properties.htm
Chris
1. The Valuation Office determine a 'Rateable Value' for the property. This is their professional estimate of the annual rent which could be obtained for the property if it was let on the open market at a specific date. (For the time being, that date is 1st April 2003).
2. Each year the government determine a figure called the 'Uniform Business Rate'. This is currently 42.2p 'in the pound' (for most properties - I'm trying to keep this simple!).
3. The local authority then issue a bill for business rates using the Uniform Business Rate as a multiplier. e.g. a big factory might have a rateable vale of �100,000 (because that was the estimate of the annual rent which could be obtained for the factory if it was let on 1st April 2003). The government has set the current Uniform business rate at 42.2p for every �1 of the rateable value. So the local authority sends a bill for 100,000 x 42.2p = �42,200.
All of the above applies to all non-domestic properties which are not exempt. Those properties which are exempt include farms (except for residential accommodation), churches and properties with rateable values of less than �2,200. There are more examples here:
http://www.bracknell-forest.gov.uk/business/bus-business -rates/bus-exempt-properties.htm
Chris
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