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Old 5th Jan 2023, 10:56
  #966 (permalink)  
Brewster Buffalo
 
Join Date: Apr 2006
Location: UK
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Originally Posted by davidjpowell
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As others said the biggest hurt will be rates. This year the RV is £2,290,000. Next year for some reason it falls to £400,000. I assume that the valuation is at least partly based on turnover. https://www.tax.service.gov.uk/busin...rt/13787199000
Wouldn't the RV of £2.290,000 be its value as an operating airport and £400,000 be the value of a closed airport? Bit of a hit to local authority finances...
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