- Location
- South Wales UK
Got you by the knackers what ever you do -too waste it on some services they Don 't supply ????
I just assumed that because the council had granted us planning that they'd be in touch in due course. This sounds like a positive aspect of non-joined-up govt that I can get on board withThey contacted me and billed from date of commissioning. I think the local councillor may have tipped them off!!
The valuation office works it out The council collects it .I just assumed that because the council had granted us planning that they'd be in touch in due course. This sounds like a positive aspect of non-joined-up govt that I can get on board with
We have looked into this as an energy consultancy, and it's a minefield.
Historically Local authorities collected business rates and sent it to central Gov. Now LA's only send some of the business rates to central Gov and keep some, but the LA's now keep all of the business rates on renewable energy installations. Most will just keep the 'new' additional tax revenue!
do you know on what grounds the Valuation Office are seeking 3 fold increases in rates on medium wind turbines?. There is a wind 5MW wind farm 2 miles from me and their Rateable Value seems to be getting cut next April by 20%???
Have contact Valuation Agency today took half an hour to get through, Lady says she has never come across this and someone is going to contact me within 10 working days to discuss
Ouch, thats gonna hit quite a few businesses where it hurts!
Hi- I doubt that there is much point in appealing. they are pretty standard numbers applied and the evidence is on their side. Also the April 17 list has only just come out, and i expect an appeal would take many months or even an year to be heard. is the ownership of both turbines the same? As I understand it, you could hold one and your wife the other, or you could introduce a company to own one. That would be two separate legal entities and so two sets of small business rates relief. We hold our turbines in separate companies partly for this reason. Hope this helps.Just had a Business Rate assessment from the Valuations Officer. I have also been informed that because of the assessment I can no longer claim Small business Rate relief on the first Installation
Has anyone appealed any of these in regards to renewables ?
....unless they can use all of the produced energy all of the time.
Hi- I doubt that there is much point in appealing. they are pretty standard numbers applied and the evidence is on their side. Also the April 17 list has only just come out, and i expect an appeal would take many months or even an year to be heard. is the ownership of both turbines the same? As I understand it, you could hold one and your wife the other, or you could introduce a company to own one. That would be two separate legal entities and so two sets of small business rates relief. We hold our turbines in separate companies partly for this reason. Hope this helps.
Jim
Just had a conversation with a friend who is usually more genned up on these things but I'm now a bit confused about these new ratings. I understood that it was the multiplier (ie say 40p in the £) that was about to go up by as much as 250% and not the rateable value of an installation. He says it's the other way round ie the rateable value will increase by 250% and the multiplier will stay the same.
I had assumed that the multiplier was set by councils and the rateable value was set by the VOA in Birmingham. I'd read that it was the individual coucils who could now set their own multiplier and it was through this avenue that they were gonna fill their boots. Does anyone know which way round this is to alleviate my confusion?
It is the rateable value set by the VOA that has increased for installations benefitting from Feed in Tariff the multiplier is set by government I think and is around 47pence to the £ depending if you qualify as a small business
My 500Kw turbines RV increased from £10500 to £31000 each from 1st April 2017 Fortunately Transitional relief applies as they had already been assessed prior to this latest valuation.
If the local authority have not caught up with you yet you will not be able to claim this relief and they will backdate to installation date .
It is just another Tax to claw back Fit payments IMO
On the CHP's it will depend on how of the electricity generated is consumed on site.Are the rates going to be the same on chp's and biomass boilers?