Our client, the owner/occupier of a holiday park on the coast of North Cornwall, was aggrieved that their rateable value increased from £213,500 to £240,000 in the 2017 Rating List.
The adopted level of Fair Maintainable Turnover for the hire fleet income was excessive, resulting in a rateable value which was too high.
The outcome was the amendment of the valuation, resulting in a reduction in rateable value from £240,000 to £213,000 which generated a total saving to our client of circa £46,000.
The adopted level of Fair Maintainable Turnover for the hire fleet income was excessive, resulting in a rateable value which was too high.
Our experienced team is ready to assist with unparalleled regional advice.
