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15/10/07
You may have heard stories about a tax on events taking place in pubs, such as quizzes, darts or pool. Here are the facts.
Rating is a property tax based on rental value. Whether the property is a shop, a factory or a pub, various elements can affect its value upwards or downwards. The more popular a pub is, and the better the facilities, then the greater the potential for trade and the higher the rental value is likely to be.
Events and facilities, such as quizzes, darts and pool, either provide an indication of the popularity and therefore likely potential trade of the pub or constitute facilities likely to enhance trade. They have been recorded and taken into account when valuing pubs since 1990, and are already reflected in current rateable values. This method is agreed with the industry and is a tried and tested way of valuing pubs.
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