Business Rates

What are Business Rates?

Business Rates is a tax on business properties that helps to pay for the borough's services. It is also called the National Non-Domestic Rate.

Business Rates are pooled by Central Government and redistributed to local authorities as part of the annual formula grant settlement. The money, together with revenue from council tax payers, revenue support grant provided by the Government and certain other sums, is used to pay for the services provided by this authority.

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How we work out your Business Rates

The Council works out your Business Rates bill by multiplying the Rateable Value (see government revaluation of rates for 2010) of the property by the rate multiplier or ‘poundage’, which the Government sets from the 1 April each year.

There are two multipliers. For properties which qualify for small business rate relief the multiplier for 2009/10 has been set at 48.1p in the pound. For properties which do not qualify, the multiplier has been set at 48.5p in the pound, which includes a supplement to pay for small business rate relief.

For details of the multipliers for previous years and an estimate for 2010/11, please see Business Rate Multipliers.

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How to pay

Now you can pay your business rates online and view your account details online.

To make payments by Direct Debit, please download a direct debit mandate from the attached files section below.

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Government revaluation of rates for 2010

On 30 September 2009 the national Valuation Office Agency published new rateable values for all businesses in Haringey. The new rateable values will be used to calculate the business rates payable with effect from 1 April 2010.

For more information on the revaluation including viewing new ratable values and appeal rights, please visit the Valuation Office Agency website.

You can also obtain an estimate of your new Business Rates bill by visiting the Business Link website. (please note that the estimate is Net of Transitional Relief.

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Business Rate Supplement (Crossrail BRS)

The Crossrail BRS is a supplement to business rates bills which will be used solely to finance £4.1 billion of the Greater London Authority’s contribution towards the £15.9 billion Crossrail Project. It is a key element of the Crossrail funding package which was agreed with the Government in November 2007.

The GLA is intending that this will be levied at a rate of 2p (the BRS multiplier) on non-domestic properties in London with a rateable value of over £55,000 (i.e. £55,001 or more).

Less than one in five properties across London will be liable for the Crossrail BRS – falling to less than one in ten in several outer London boroughs. In Haringey approximately 1 in 12 properties will be affected.

Further information on the Crossrail BRS can be obtained from the Mayor of London website.

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Small Business Rate Relief

From 1 April 2010 the applicable rateable values within the Small Business Rate Relief scheme have been revised in order to account for the 2010 revaluation. Small businesses with a rateable value below £12,000 may qualify for a reduction from their full rate bill. In addition, eligible businesses with rateable values between £12,000 and £25,499 (£17,999 outside London) will have their business rates calculated using the small business multiplier

A summary of the small business rate relief scheme can be found on the www.businesslink.gov.uk website, which you can access via the external links section at the bottom of the page. If you believe your business may qualify for a reduction under the scheme please download and complete an application form (see attached files section below).

Rateable Values are fixed by the Government's Valuation Office Agency, not the Council. Business Properties are revalued every five years and the last revaluation came into effect on 1 April 2005. Valuation lists, showing values for every non-domestic property are available for inspection on the Valuation Office Agency website, which you can access via the external links section at the bottom of the page.

Haringey’s Business Rates section will issue you with a Business Rates demand, which will be payable by monthly instalments. Alternatively, by agreement with the Council, payment can be made annually, half yearly or quarterly.

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Further information

Further information is available from:

NNDR Team (Haringey)
PO Box 55280
London
N22 9EN

Tel 020 8489 3551 (Monday to Friday, 8.45am to 5pm)
Fax 020 8489 3552
Email business.rates@haringey.gov.uk

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Attached Files
Filename	Filetype	Size
smal business rate relief application 2009-10.pdf	PDF	33K
council tax and business rates for 2009-2010.pdf	PDF	407K
council tax and business rates for 2008-2009.pdf	PDF	411K
council tax and business rates for 2007-2008.pdf	PDF	477K
council tax and business rates for 2006-2007.pdf	PDF	1105K
council tax and business rates for 2005-2006.pdf	PDF	707K
business rates direct debit form.pdf	PDF	36K
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