Another lease query

Another lease query

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dfen5

Original Poster:

2,398 posts

213 months

Saturday 30th April 2016
quotequote all
Just had to drop out of signing a lease for various reasons on professional advice, although working in there subcontract. That will now stop as I'm getting my own place independently.

At what point do you become liable for business rates? Once you are the lease holder?

Can you have someone from another company working in your leased property (on and off) without a sublease?

dfen5

Original Poster:

2,398 posts

213 months

Sunday 1st May 2016
quotequote all
surveyor said:
Doofus said:
surveyor said:
It's a mandatory scheme for small business's who occupy 1 building only

Exemption changed in last budget to £12k with a phased allowance up to £15k
I've just been negotiating on a lease for someone, and the key thing (for them) is that it's 100% relief at £6k, and it reduces to 0% at 12k.
I was deliberatly vague on the dates, as I wanted to check.. New scheme from 1 April 2017

Briefing paper at http://www.parliament.uk/briefing-papers/sn06247.p...
Is that pretty much guaranteed from 2017? If so that's great news for me, I can go for a slightly bigger premises in budget.


dfen5

Original Poster:

2,398 posts

213 months

Sunday 1st May 2016
quotequote all
My problem is the existing company told the council I was taking the place over before I'd actually signed anything. Rates bill comes in so I'll have to have a chat with the council as I'll be out of there soon.

I take it then both companies would not have to pay?