Lexington pub wins business rates appeal
The Lexington (pictured) has scored a massive victory by appealing against their new business rates and getting them reduced from a whopping £199,000 to £130,000.
Determined to help other businesses struggling under the weight of the rises, we organised a seminar for Chapel Market businesses with Islington Council experts on how they can appeal and what financial help is available through the Discretionary Scheme.
Says angel.london CEO Christine Lovett: “We are doing everything we can to help businesses reduce their interest rates, from organising workshops with Islington Council to giving individual advice on the appeal process. We know that particularly for our smaller businesses – who are so vital vital to Angel – the increased business rates mean they can quickly go out of business. We need to keep them – and Angel – alive and well.”
Businesses discovered from Duwaine Brown, the council’s Revenues Collections Manager, how the rates are calculated, how to launch and manage appeals, and how the council can give financial help through the new Revaluation relief fund.
This information is particularly valuable for all Angel’s small and medium businesses, many of whom have been devastated by the rate increases. If you need advice or help with your rates, get in touch with the Business Rates team at firstname.lastname@example.org
Thanks to angel.london business Islington Townhouse on the corner of Chapel Market and Liverpool Road for generously hosting the seminar.