Global Edition

 

Rates warning from EGU

11.12am 17th January 2000 - Management Topics - This story was updated on Thursday, October 14th, 2010

Golf clubs could be hit by another huge increase in their rates bills following the introduction of a new rating revaluation system from April 1.

The new system will look at all non-domestic properties, but golf clubs, many of which already pay high rates, could be among the hardest hit.

Currently the level of rates paid by golf clubs is inconsistent and depends on the different standards of courses and facilities. But the Valuation Office Agency (VOA) has already started reassessing the value of properties and it appears likely that some clubs could see rises of more than 50 per cent.

The final amount due from each club for the 2000-2001 year will depend on inflation, net changes in rental value between April 1 1993 and April 1 1998, transitional arrangements and a locally set’supplementary rate’.

The English Golf Union is to send out a questionnaire to clubs in the hope that a database of information will help any people with queries about the new revaluation system.

The EGU’s findings are based on a report compiled by their honorary surveyor Nicholas Hopton. For further information or a copy of the report, Hopton can be contacted on 0207-491-1555.

       

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