Local Tax

Question 1

How do you define the term ratable value:

Answer 1

Schedule 6 of LGFA1988 2.1
- non domestic property
- the amount equal to the rent at which it is estimated the hereditament might reasonably be expected to be let year to year

1- tenancy begin la o the by reference
2- The property is in a reasonable state of repair
3- Tenant undertakes all usual rates, taxes, cost of repairs and insurance

Question 2

What are the 4 ingredients of rating

Answer 2

ABET
Actual
Benefit
Exclusive
Transient

Question 3

What is the relevance of the John Laing & Son v Kingswood [1984]

Answer 3

Sets outs the 4 ingredients for rating

Question 4

What are the matters mentioned on the material day

Answer 4

Physical state of the property

The mode or category of the property

Factors impacting value within the locality

Use of occupation of the subject and locality

Quantity of substances in and around the locality

Question 5

How many grounds are there for making proposals?

Answer 5

15 Grounds which include:

Compiled list inaccuracies
The RV is in accurate due to an MCC
Alteration of the list by the VO is accurate
The hereditament should not be shown in the list
Effective date is incorrect
Exemption

Question 6

Explain the CCA process ?

Answer 6

Check - VOA responds 12 months from submission. 4 months response
-CHG - 18 months for DN
- 4 months from the DN to Appeal

Question 7

What fees do the proposer have to pay at VT?

Answer 7

Small proposer £150
Larger proposer £300

Question 8

How does the VT distinguish a small and larger proposer when issuing fees ?

Answer 8

A small proposer has a turnover less than £2m

Question 9

What are the 4 classes of P&M

Answer 9

1- Power
2- Service
3- Infrastructure
4- Building and Structure

Question 10

What is an example of Power in P&M

Answer 10

This is equipment used to drive machines. Electrical Motors.

Air Compressors

Question 11

Can you give me an example of service plant

Answer 11

Connection with the hereditament.

Heating, Cooling, Protection from Tresspass & theft.

Question 12

What class of P&M is CCTV

Answer 12

Class 2 - Service. The VOA policy is is to suggest a system consist of four or more cameras.

Question 13

What does class 3 of P&M include

Answer 13

Items used for people or goods. Lifts, Escalators, Hoists

Question 14

P&M class 4 what does that detail ?

Answer 14

Building and structure PM.
Bund and steel. If the item is larger than 400 cubic meter is classed as P&M

Question 15

What is Rebus sic Stantibis

Answer 15

• Matters affecting the physical state of the property
• Mode or Category of occupation

Question 16

What are the uniformed business rates for 2022 & 2023

Answer 16

• Standard Multiplier : 51.2p
• Small business was 49.9p

Small business has an RV below £51,000

Question 17

What are the charges at VT

Answer 17

• Small proposer £150
• £300