Amanda Seater
Grand Prix Poster
Listen to your horse you may be surprised what he may tell you about yourself
Posts: 3,866
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Post by Amanda Seater on Jan 4, 2010 11:09:07 GMT 1
shouldn't affect your mortgage I shouldn't think - but if you have an indoor you can get clobbered for business rates. If you have a farm and it remains mixed you should be ok
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Post by ashleigh on Jan 4, 2010 11:10:56 GMT 1
Hmmm, nope, not a farm, just 11 acres, two stable blocks and an outdoor school. Surely business rates would still apply?
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Post by lisap on Jan 4, 2010 14:44:32 GMT 1
Yes, Ashleigh, you are right, business rates will apply. There are plently of livery yards that are *not* registered for business rates, but if you want to sleep at night, know that your public liability insurance is not going to be at risk etc etc etc, let alone get whacked for an enormous bill if the local authority catches up to you then you need to make sure that you are legal. Unfortunately, as you are a domestically rated property, it may turn out to be a bit of a minefield getting business rated for the livery yard, it depends where you are in the country. Those people who have farms and who diversify into horses have life much easier than those who just want to provide a few liveries. Our landlords applied for business rates even though at the time they only had 12 horses, and only 4 stables, unfortunately, the LA dropped in on the livery yard down the road afterwards which has 50 stables and 50 horses and they were not business rated. Ooops. we were not popular....
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Post by portiabuzz on Jan 4, 2010 15:25:57 GMT 1
Great thread! Something i would like to do on a small scale in the future, when we have found our land!
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