Comment on Is My Pub Fucked?
Nighed@feddit.uk 5 weeks ago
One nearish me closed overnight after the announcement of the higher tax. Just decided it wasn’t viable.
Don’t think it was that popular to be fair.
Comment on Is My Pub Fucked?
Nighed@feddit.uk 5 weeks ago
One nearish me closed overnight after the announcement of the higher tax. Just decided it wasn’t viable.
Don’t think it was that popular to be fair.
Denjin@feddit.uk 5 weeks ago
It’s just measuring amount of change in rateable value, some properties may have only small increases but many will have larger increases, hence the “fine” to “fucked” scale.
The one that closed may have been making a lot less money than the one that’s still open but this is a fixed cost not related to turnover so if you make small amounts and turned a small profit, even a small increase in fixed costs can put you under.