07
Jun
2016
A question about : Rental of small business unit for personal use & small business rate relief?
Hi All, apologies if this is not the correct place to ask but i'm sure someone else must have had a similar issue in the past.
I'm currently about to rent a small industrial unit for the restoration of some classic cars i own, however i understand that the unit has a rateable value, a proportion of which needs to be paid to the local council.
Can i claim small business rate relief that is due on the unit ( i'm not actually running it as a business) or would i be better to set up as a sole trader in order to be able claim small business rate relief?
I'm only planning on renting the unit for 6-12months but i'm hoping to avoid having to pay full business rates if possible.
Thanks for any help.
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