Business Rates

What are Business Rates?

Business Rates are also known as National Non-Domestic Rates (NNDR).

 

Business Rates are charged on properties that are used for a wide range of purposes which do not include domestic or residential use (for information on domestic property tax see Council Tax).

 

Examples of properties which are subject to a Business Rates charge include:

  • Shops
  • Factories
  • Offices
  • Beach Huts

If a property is used for both domestic and non-domestic purposes (such as a Public House), part of it will be assessed for Business Rates and the other part for Council Tax. These types of properties are known as "composite" properties. For more information on composite properties, contact us.

 

Fareham Borough Council does not keep the money that is collected for Business Rates. The Council gives the money directly to the Government. All Business Rates collected in England are put into a central pool. The money from the pool is then distributed back to Councils' by the Government according to how much they feel that we need to add to Council Tax to pay for the services that we provide.

 

Some types of property are exempt from Business Rates, this means that no Business Rates are charged for them.

 

Exempt properties include:

  • agricultural land & bungalows.
  • fish farms
  • churches and other places of worship
  • sewers
  • public parks
  • certain properties used for the disabled
  • swinging moorings for boats

For further information please contact the Business Rates office on Tel: 01329 824673, or e-mail businessrates@fareham.gov.uk.

 

Back to Business Rates Contents.