Flashcards in National Non Domestic Rates Deck (6)
What are NNDR?
tax based on the rental value of a non-domestic property
Who pays NNDRs to?
the occupier to the local authority
what are NNDRs more commonly known as?
Uniform Business Rates
How are UBRs calculated?
rental value x multiplier (poundage)
a tax fixed by central government based on the annual value of non-domestic property, paid by occupiers or, where there are no occupiers, owners, to a local authority which is responsible for providing services within the locality