The rateable value figure below has been provided to us by the Valuation Office Agency
Please note, the RV is NOT the actual rates payable. Rates payable are calculated by reference to the National Non-Domestic Rating (NNDR) multiplier which is set annually by Central Government. The current NNDR (2020/21) is 51.4p/£.
Discounts and reliefs are available for qualifying small businesses occupying properties with rateable values below £15,000, reducing liabilities to £zero for properties with RVs below £12,000
Subject to eligibility for all available reliefs, we estimate that in the current financial year,
Rates payable are £11,851
Further information on this matter is available at Business Link