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News Article

Provisional Multipliers The Government have published the provisional multipliers for 2011/12 as follows; The lower multiplier is 42.6 pThe supplement is 0.7 pThe upper multiplier is 43.3 p These figures will be applicable from 1st April 2011. Empty Property Rate Relief Threshold With effect from 1st April 2011, the rateable value threshold below which empty properties are exempt from rates will revert to just £2,600. The threshold was £18,000 in the 2010 rate year. Unfortunately this will cause empty rating liabilities to escalate on a whole raft of smaller properties next year. Should you require any further information on this, then please do not hesitate to contact Howard Elliott in the Basingstoke office.


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