Categories
Business internet Regs

Ed Vaizey wants help re VOA fibre rates – please comment here

Last week the Valuation Office Agency put out revised guidelines for assessing rateable values for fibre connections.

There is no change at the high end so the likes of Virgin and BT will remain unaffected. However at the smaller network end of the scale there has been a massive price hike.

In 2005 if you were running a pair of fibres over 1km you would be stung with a rateable value of £280. In 2010 this has now shot up to £2000. This will not of course affect BT because they have a negotiated total rateable value for their network.

The upshot of this is that at a time when industry has been crying out for a level “rates” playing field the VOA has made it an even more unequal commercial battle in favour of the large incumbent operators.