Edgeone replied on 28/07/2013 18:00
Posted on 28/07/2013 18:00
Hi
I’m looking into setting up my own CL and I’ve read the forum with regards to Business Rates.
I’ve looked into this and I’m not clear how any CL is paying rates.
There is small business rate relief where any business with a rateable value of less than £6,000 pays no business rates.
The rateable value for CL’s is calculated at between 18-25% of the gross receipts, the percentage depends on if the site is basic or with full hard standing etc. So a basic site with EHU that I’m considering is 20%.
To even get to a rateable value of £6,000 you would need annual gross receipts of £30,000.
No CL can be generating £30,000.
I must have this wrong somehow as many CL owners are stating they pay business rates.
Thanks
Chris
Edgeone
Caravanner