[sefrost]

Wow a fantastic independent pub near where I used to live in London is seeing its rateable value go up 480%! This website really puts the headlines in to a nice local perspective.

It seems like the taxes only go up while the services get worse in the UK, although I’ve been away for 5 years now so maybe things improved.

[tialaramex]

> seeing its rateable value go up 480%!

Rateable value is based on what the market prices would be to rent that space. So, somebody is doing nicely apparently.

[sefrost]

But if the landlord owns the pub (rare in the UK I know), but I believe it’s the case in this instance, then what are they getting from unrealised property price gains?

[brightbeige]

Here’s the Lamb and Flag in Oxford

https://www.ismypubfucked.com/pub/11447801200

> the Inklings, a literary group including J. R. R. Tolkien and C. S. Lewis, started meeting at The Lamb and Flag.

https://en.wikipedia.org/wiki/Lamb_%26_Flag,_Oxford

[turbonaut]

The Lamb and Flag has faced previous financial challenges.

It in fact closed temporarily in the pandemic due to UK law preventing their then owner / operator, St John’s College, a charity, subsidising a loss making business, despite having the wherewithal to do so.

https://www.bbc.com/news/uk-england-oxfordshire-55763746.amp

[ahazred8ta]

> On the way to an Inklings meeting, Lewis gave some money to a street beggar, and I made the usual objection: "Won't he just spend it on drink?" He answered, "Yes, but if I kept it, so would I."

[iNerdier]

Amateurs. One close to me is at an +821% increase in its tax bill and rateable value at 613%.

[huijzer]

> It seems like the taxes only go up while the services get worse in the UK,

Same in the Netherlands

[moop_moop]

The services have certainly not got better in the last 5 years. This Government is fiscally illiterate and has hit the top of the Laffer curve and is now trying to go down the other side.

[VBprogrammer]

This government have been in power for less than 2 years. Despite launching a lot of trial balloons on raising taxes they haven't actually raised the headline tax rates (other than allowing fiscal drag to do so).

Overall the tax burden in the UK is middling for western democracies. It's actually on the low side for low earners - which is probably a problem because the distribution is such that the majority pay very little.

The other problem being cliff edges and complexities which distinctive chasing pay rises and working more for a lot of people.

[fakedang]

Unfortunately, if an election were to be held today, the morons at Reform would have the greatest chance of winning, thanks to Starmer's ostrich syndrome, Corbyn dividing the Labour vote and the Tories being absolutely irrelevant after 15 years of continuous rule.

[LightBug1]

"This" ...?

You jest.