Business rates

[murdoch]

Wondered if anybody has any idea how to calculate these? I’ve been offered a fully insulated 5000 sqft agricultural building to rent, with the aim of running our kitchen making business from there. The owner is happy to change the use to light industrial but we’re unsure how to calculate the business rates or if we qualify for any relief? The rent would be £10k with possible option to buy in the near future. Just wondered what rates others are paying for a similar size workshop?

 

[Doug71]

You can look up the rateable value of property online and probably work it out from there.

https://www.gov.uk/correct-your-business-rates

You might qualify for small business rates relief.

https://www.gov.uk/apply-for-business-r ... ate-relief