Business rates are a property tax, where each non-domestic property is assessed with a rateable value, expressed in pounds.
22.
The parish has a rateable value of ?091 The soil is chiefly a heavy clay, and the surface flat.
23.
For example, a rateable value of ?0, 000 and a multiplier of 40p would produce an annual bill of ?000.
24.
To be approved the majority of business voters must have support the BID ( both numerically and by rateable value ).
25.
The remaining controlled houses, the smallest houses, were those with rateable values not exceeding ?0 / ?5.25 / ?3 as above.
26.
It also authorises local authorities to set up local schemes of relief for properties up to a limit of ?2000 rateable value.
27.
Assessing a rateable value requires a valuation that follows the above process, but the matters to be considered are constrained by legislation.
28.
For Government rent purposes, rateable values ( RVs ) can be determined for properties not liable to rates or exempt from assessment to rates.
29.
Rateable value, ?, 003, of which the North Staffordshire Canal, which intersects the township for about a mile and three-quarters, is rated at ?00.
30.
The rateable value is multiplied by the Uniform Business Rate, referred to in legislation as the non-domestic rating multiplier, to arrive at an annual bill.
