rateable value


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Translations

rateable value

n (Brit) → steuerbarer Wert
References in periodicals archive ?
The rateable value is an assessment of the annual rent a property would demand if it was available to let on the open market on a fixed date.
The current system also provides a disincentive to expansion, particularly for industrial occupiers with certain types of fixed plant and machinery contributing towards the rateable value of a property.
As a result of revaluation appeals, the rateable value of properties for which revaluation appeals have been resolved has reduced from approximately Au4,561m to Au4,341m, a drop of Au219m in rateable value (which equates to approx Au103m billed in 2014-15).
In the absence of any sort of action on the part of the council, I have written to the Government's Valuation Office to ask them if they will review the rateable value of the site; as I'm sure if Tesco have to pay anything like the full rateable value, they will be forced to consider demolition of this eyesore rather than pay to leave it to fall down by itself.
Mr Knight said no business should look to query the current rateable value of a property without first consulting a chartered surveyor.
The basic level of rateable value usually remains fixed for a five-year period.
far long' From next year, councils will be able to keep any increase in rates revenue from higher total rateable values in their area.
THE cost of running a business in the North-east varies wildly - with average rateable values of commercial property differing by as much as pounds 21,000.
This situation has led to a rise in companies offering to reassess businesses' rateable value, with a view to appealing for a reduction.
Last night, Scottish Retail Consortium boss Fiona Moriarty said: 'This reduction will go some way to compensate for the 50 per cent rises in rateable value expected in Aberdeen and Livingston.
However, the original occupier of the house who opted for a meter has one year in which to decide to change back to rateable value billing, but this right does not pass to a new owner.
Sky claims the new business charges are fairer because they are based on the rateable value of each individual property.