Web Business Rates Calculator 2005 - 2010.  Simply fill in a couple of figures for an instant on-line annual estimate. 
 Remember this calculation is an estimate based on the information you supply. For a full evaluation make a formal claim asap.

£  

£   (probably the 2004-5 charge)

   

We already know the inflation figure for 2005/06. Input your choice of inflation figure for future years - or accept our default values. 2009-10 not required. 
%  % % %

map of uk
  Bill direction "Normal"
new bill
"Normal"
band limits
Transitional phasing bill zones and
the "normal" (no phasing) band
Interim bill - may be adjusted Transition Status  
  Transitional phasing zone above "normal" band  
   

 
 
  Transitional phasing zone below "normal" band  
£
Other relief is available for charities, unoccupied property, certain rural enterprises and general hardship - check with your Local (billing) Authority. 

Explanation - Transitional phasing works by comparing the new "normal" bill (notional charge) with the previous year's bill. Above and below the previous year's bill there is a "normal" band, the boundaries of which are set percentages (adjusted for inflation). If the new bill falls within the "normal" band then that will be the interim (transitional) bill. If the new bill falls outside the "normal" band then the appropriate "normal" band boundary will be the interim (transitional) bill - protecting business from sudden swings. Final adjustment (supplement or relief) may apply to convert the interim (transitional) bill to an actual bill.

Caveat: At this stage we cannot know the business multiplier values for future years so this phasing projection assumes that they stay the same in the subsequent years - past experience suggests that they will creep up slightly so that by 2009-10 the "normal" bill (notional charge) could be about 10% optimistic. NB You can modify the inflation rates as much as you like !

And you can use the browser Print button to launch a print or change your figures and click Calculate to do it again.


        
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   Copyright Ovaltech 2005      www.ovaltech.ltd.uk