rateable value definition

rateable value means, in relation to a rateable value premises, the rateable value of that rateable value premises as at 31 March 1990 as assessed under the 1967 Act;
rateable value means the value of any land or building fixed in accordance with the provisions of this Act and the bye-laws made thereunder for the purpose of assessment to property taxes;
rateable value means the net annual value shown on the valuation list made under Section 67 General Rate Act 1967 that was applicable at 31 March 1990 for households, or the amount shown on the valuation list made under Section 41 or 52 of the Local Government Finance Act 1998 for non-households;

Examples of rateable value in a sentence

  • The lump sum fee fixed fee per hereditament per annum will be based upon the applicable Rateable Value band.

  • Changes to the BID Rateable Value will only affect the BID Levy Calculation of the current billing period.

  • Changes to Rateable Value Properties removed from the 2010 rating list will be subject to the BID Levy up to the date of its removal from the 2010 rating list and calculated on a daily basis.

  • Changes to the Rateable Value Adjustments will be made to the BID Levy during any Financial Year for changes in rateable values.

  • The BID Levy Rate The BID Levy Rate is set at 1% of the BID Rateable Value from 1st April 2016 and will remain at this level until 31st March 2021.


More Definitions of rateable value

rateable value. , in relation to premises, means the annual value as determined for rating purposes by the local rating authority, if any;
rateable value. , in respect of land, means the rateable value of the land as shown on a Rates List in rateable quarters;
rateable value. ; means the rateable value for the hereditament shown in the Council’s local rating list at the date of the local restrictions;
rateable value. (RV) means the value shown in the valuation list maintained by a rating authority under Part V of the General Rate Act 1967 on 31 March 1990, and includes rateable values which are
rateable value. , in respect of land, means the rateable value of the land as determined under and for the purposes of this Law and in accordance with any Regulations under Articles 5(3) and 6(3);
rateable value means as determined under Schedule 6 of the Local Government Finance Act 1988 as amended from time to time, with reference to the valuation list of rateable values published by the Council from time to time or any successor or replacement list;
rateable value means the value of any land or building fixed in accordance with the provisions of section 93 for the purpose of assessment of tax on land and building;";