Self-Catering Rates Revaluation Update
12th February 2019
The Professional Association of Self-Caterers (PASC UK) have negotiated a reduction in self-catering business rate valuations in England and Wales which means there is potential both for a future reduction in valuation and rates paid and for a refund on past over-payments. You can download the PASC UK briefing sheet here
Peter Hampson MTMI recently posted this news on British Destinations Net. The average reduction will be one third of the current rate but this will vary depending on the accuracy of the original valuation in 2017. The revaluation and reduction are not automatic; businesses must apply by submitting a revaluation form. You can download the PASC UK briefing note here and please do consider circulating it to self-catering businesses in your destination.