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Resolving the problem of the R x J/S syndrome

By: Language: English Series: CSM (Chartered Surveyor Monthly) ; 5(10) July/August 1996, 40-41(2)Publication details: 1996Subject(s): Summary: Recalls changes in the business rating system for splitting one property into two or more properties (or vice-versa), that resulted in the R x J/S formula. Summarises recent amendments under the Non-Domestic Rating (Chargeable Amounts) (Amendment) Regulations 1996 (SI 1996:911), that aim to solve problems arising when small units are split out of a large hereditament subject to downward phasing but having an RV allowance.

Recalls changes in the business rating system for splitting one property into two or more properties (or vice-versa), that resulted in the R x J/S formula. Summarises recent amendments under the Non-Domestic Rating (Chargeable Amounts) (Amendment) Regulations 1996 (SI 1996:911), that aim to solve problems arising when small units are split out of a large hereditament subject to downward phasing but having an RV allowance.