Owners of a popular Kelham Island tequila bar are ‘relieved and frustrated’ after successfully challenging its property’s rateable value following a 12-month legal battle, which culminated in the valuation being reduced from £34,000 to £20,000.
While the owners Pina have found a solution to their problem, other businesses including other Kelham Island success stories Church – Temple of Fun and Cutlery Works are currently facing similar battles over disputed rateable values.
The rateable value of a property is calculated by central government’s Valuations Office (VOA), and that figure is then used to determine the business rates each business is due to pay, which is enforced and collected by the local council.
RMC Media: 31 October 2019. Read more: