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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: Linda Andrews - Editorial Assistant, Nuse Online
    Linda Andrews - Editorial Assistant, Nuse Online
  • Mar 8, 2024
  • 2 min read


Leicester Pride are thrilled to announce that Zander Murray – one of only FIVE out LGBTQ professional footballers IN THE WORLD – has been ‘signed’ to co-host Leicester Pride, as it makes its colourful return to the city on August 31st, 2024.


Zander will co-host the main stage at Leicester Pride 2024 - which celebrated its 15th anniversary last year with its biggest ever event – as it returns to the city’s Abbey Park once again, bringing the city together to celebrate Leicester’s diverse LGBTQ+ community.


Zander achieved worldwide ‘fame’ overnight, when he became only the third actively playing footballer

in the world to come out back in 2022. He now plays successfully for Bonnyrigg Rose – a Scottish Professional Football League club – using his profile off the pitch to benefit LTBTQ+ charity, Stonewall, where he is an Ambassador. He regularly works with ‘Time for Inclusive Education.’ He not only devotes time to the sport he loves, but shares his passion with workshops in schools, football academies and even the Hong Kong Gay Games.


In 2023, he was named by Attitude Magazine as one of the LGBTQ trailblazers changing the world and the football shirt he scored his 100th goal wearing was placed in the Scottish Football Museum – testament to his record-breaking goal scoring achievements in one season.


Since coming out, Zander has shared his story on many TV shows including Lorraine (ITV), Good

Morning Britain and Sky Sports, as well as many BBC shows including the BBC documentary, Out On

The Pitch, where he explored what is being done to tackle homophobia in football and follows him

as he discovers how the sport can be made more inclusive.


Simon Harrison, Event Manager of Leicester Pride said:

“We are thrilled to be welcoming Zander Murray to our hosting team – such a high profile and inspirational out pro footballer. We hope that Zander’s involvement in Leicester Pride 2024 will not only inspire our community, but show the world that sport is changing and can be a welcoming and inclusive space for all sexualities. He’s a true icon changing the face of football.”

Zander Murray comments;

“I’m absolutely ecstatic to co-host Leicester Pride. I’ve seen the footage of last year and it looks amazing. I’ve got family in Leicester and friends, but more importantly, I think there has to be more crossover with football and LGBTQ+. Celebrations like this can only help this.”

He continues; “I’m well aware of Foxes Pride – LCFC’s LGBTQ+ group for members and allies – and

have had many interactions with them. I can only hope that my involvement with Leicester Pride

encourages closeted people in general to be their authentic self, as I came out at the first Pride event

I went to. I’d strongly encourage anyone struggling with their sexuality getting yourself down to Leicester Pride as I have no doubt, you’ll have THE best time ever! And, of course, I’m co-hosting it, so what better

way to get yourself down. It’ll be an amazing day”.


Leicester Pride will take place on Saturday 31st August, with the parade starting at 12pm outside

Curve before heading through the city to Abbey Park

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