Below you will find the answer to the question:
I have some self-catering holiday accommodation - why have I been sent a valuation for business rates?
Answer:
Self-catering holiday accommodation is valued for business rates because it is not a sole or main residence for anyone.
We send a valuation to businesses and non-domestic properties:
- When there has been a revaluation
- When the rateable value has been adjusted.
The rateable value on the valuation is not your business rates bill. Your annual business rates bill is calculated and collected by your local council.
How your bill is calculated (3 mins) A clear demonstration of what is used to work out what you actually pay in business rates.
How we value pubs (2 mins) To get a fair valuation of pubs, we look at trade levels. This video shows what we take into account.
How we value using rents (2 mins) Most properties - shops, offices, industrial premises and so on - are valued this way. See how.
How we measure your property (2 mins) A look at what we take into account to get the right measurements
How zoning works (2 mins) Confused by zone A, zone B etc? This video explains it really simply.