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Marina Business Rates U-Turn Welcomed



Property consultancy Vail Williams has welcomed a Government U-turn on marinas being excluded from lower rate multipliers in the forthcoming business rates revaluation as a ‘victory for common sense’.


The firm, which acts for a number of the UK’s top marina operators covering multiple sites, is now conveying the news to clients.


This move brings marinas into the same category as retail and leisure businesses such as pubs and restaurants. Business rates will continue to be administered by local authorities.


The Valuation Office Agency (VOA) updated the rateable values of all commercial, and other non-domestic, properties in England and Wales which take effect from 1 April.


The Government announced that from 2026/27, existing business rate relief for retail, hospitality or leisure (RHL) properties would be replaced by a lower rates multiplier to calculate the business rates payable on those properties.


However, marinas were specifically excluded from the RHL lower rates multiplier and faced being subjected to the standard business rates multiplier which applies to non-RHL business properties.

Following a campaign backed by industry body British Marine, the Government has announced a refinement in the Statutory Instrument (SI) defining which properties would be eligible for the new RHL business rates multipliers that will be coming into effect in April.


Dan Tomlinson, Exchequer Secretary to the Treasury announced the change in a letter to British Marine CEO Lesley Robinson. He said:

“I recognise that marinas are distinct from transport properties and that they form part of the infrastructure of leisure activity. Furthermore, the intention has always been for the scope of the new multipliers to broadly reflect the scope of the current RHL relief. Thank you for bringing to my attention that local authorities are currently awarding RHL relief to marinas."

“The Government will therefore be amending the SI ahead of the policy coming into force on 1 April to remove marinas from Schedule 1. This means that marinas with rateable values below £500,000 and that are wholly or mainly used for leisure/recreational purposes will be eligible for the lower business rates multipliers.”


“Ahead of then, the online guidance will be updated, and local authorities will be made aware of the upcoming amendment.”


The reversal means that qualifying marinas will benefit from the 43 pence RHL rate, rather than the standard 48 pence rate.


Vail Williams partner and head of business rates Adam Barnfield said:

“This U-turn can be considered to be a victory for common sense and will benefit the vast majority of marinas which qualify for the lower business rates multipliers."

“However, there have been significant increases in the VOA assessments of the rateable value applied to marinas, with an average 23% increase in values and an additional £5.8 million of rateable value” – which equates to approximately £2.5m in additional revenue for the treasury.”


“Although this is obviously a welcome change in stance from Government, the increase in RV and the removal of the existing retail, hospitality and leisure relief will still have a significant impact on business rates liabilities.”


Ian Froome, Vail Williams partner and head of marine & leisure, added that the upcoming amendment regarding lower rates measures would be welcomed by marina operators as a silver lining, but there would certainly be increased costs all around.

“We cannot say there will be euphoria regarding this refinement in the revaluation process, but it is a cushioning of the significant increases faced by marina operators and should be accepted as such.”

Business rates revaluation 2026.


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  • Writer: Paul Andrews - CEO Family Business United
    Paul Andrews - CEO Family Business United
  • Jul 13, 2023
  • 2 min read

Twelve firms across the region are backing the launch of the first ever national golf academy designed specifically to provide mental performance coaching to future stars of the game.

The new academy launched by Leeds-based Underpin Sports is uniquely focussed on improving the mental strength of amateur golfers in the early stages of their career - providing the foundations needed for them to achieve their goals and dreams of succeeding at the highest level of the professional game.

Geared to help future Rory Mcllroys and Georgia Halls achieve their full potential, the academy is led by Underpin’s head coach Greg Robertson, whilst the financial costs of each player’s coaching is funded by the company’s network of corporate sponsors across Yorkshire.

Firms backing the academy include Guiseley-based IT reseller and telecommunications business Just Ask Eden, Ilkley-based commercial finance brokers CFP Group and travel agent Tivoli Travel, located in Mirfield and Holmfirth.

The Underpin Sports Academy is just one of two ways businesses can support the delivery of mental performance coaching across grass roots and professional golf. The entry-level academy complements Underpin’s established 72 Club which enables corporate members to benefit from bespoke golf and business events through to commercial networking opportunities.

Founder and head coach of Underpin Sports, Greg Robertson said: “We’re really excited to be launching the first ever national golfing academy dedicated to improving the mental performance of amateur golfers at the very start of their career.

“Having the right mental approach to handle high-pressure situations out on the course is essential at any age, however particularly within young players who have less experience and are not always equipped to handle the psychological challenges they’ll inevitably face."

"The first five players already enrolled in the new academy include Sam Norman (17) who plays off +2 at Fulford Golf Club in North Yorkshire and was crowned St. Andrews Boys Open Champion last year. Another academy starlet is Amy Staveley (17) who plays off +2 at Ganton Golf Club which is situated just outside Scarborough."

Greg added: “We’d like to extend a massive thanks to those corporate sponsors across the region that are already helping fund the academy and play their part in giving future stars the mental performance building blocks needed to turn pro and hopefully reach the very top of the professional game.”

The Underpin Academy has ambitious growth plans and aims to recruit 20 players and 50 corporate sponsors within the next five years. Other businesses looking to support the academy and future stars of the game can become a corporate sponsor for just £100 a month.


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