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Friday, 5 June 2020

Heathrow is challenging the cost of its current business rates as less people are flying at the moment


That’s according to a review by Altus group.

“The No Third Runway” coalition is arguing that rates are based on the property rental value and size and not on current income.

The £113 million rates are normally split between Hillingdon Council, the GLA and central government.

Loss of income to the council would be over £16 million which goes towards community projects.