GTO stands for Gross Turnover Rent. Gross Turnover Rent is calculated as a percentage of your turnover. It is based on turnover, not profit, which means that it includes all of the company’s overheads. This means that any business with high variable costs or large overheads would find this more expensive than a monthly rent-charge per sq ft, for example. When buying or renting a property, many people are offered the option to buy into an additional rent-based system that will raise their monthly outgoings – known as Gross Turnover Rent (GTR). This is seen on some commercial properties but is becoming more common with residential landlords too.The GTO is designed to be a money-making device for most of the landlords. It comes under many names, including gross turnover rent (GTR), carpet area rate (CAR), and parti business rates (PBR). The idea is that instead of paying an approximate market or normal rent rate every month, you pay the equivalent of x% of what you buy from the shop/market/business every month instead. The charge will vary depending on where you are in the country but it can be as much as 10x – 100x more expensive than your local market value. This extra charge goes straight into your landlord’s pocket, not yours.