York Cricket and Rugby Union Club will go to an independent tribunal to try and get its rateable value of £15,290 reduced. The figure is set by the Valuation Office of the Revenue and is the amount that the club’s property could have been let for.
The outcome of the case could have wide-ranging implications for hundreds of similar clubs across Britain, according to ThisisYork.co.uk.
Currently amateur sports clubs get 100% business rate relief from the government, but Chris Houseman, the honorary secretary of the club, said ‘valuations are forever, concessions from politicians can only be regarded as temporary’.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes
Top Ten firm RSM has appointed Nick Blundell as its head of corporate tax in Birmingham
Drastically fewer offices for HMRC in the hope to reduce their running costs