Local Taxation

Question 1

What is the definition of rateable value?

Answer 1

As per schedule 6 of the local government and finance act 1988, rateable value is defined as:

The amount a non-domestic hereditament
Shall be taken equal to the rent which is estimated
That might be reasonably let from year to year
Based on 3 assumptions:

1. Let on FRI terms
2. Reasonable state of repair
3. Tenancy begins on the material day

Question 2

What is the multiplier in Wales?

Answer 2

2020 to 2021: 53.3p to the £1

Question 3

What case law identified a hereditament?

What are the requirements?

Answer 3

Gibert v Hickinbottom 1956 and more recently the ATM case 2020.

1. Be capable of clear definition
2. A single rateable occupier
3. Put to a single use
4. Single geographical unit

Question 4

Where is the hereditament defined and what is the definition?

Answer 4

Schedule 115 of the General Rates Act 1957.

Unit of assessment that may or may not be liable to rate, being of a singular item in the rating list.

Question 5

What case law relates to rateability and how do you determine rateable occupation?

Answer 5

Laing v Kingswood 1949

1. Actual occupation
2. Beneficial occupation
3. Exclusive occupation
4. Not too transient

Question 6

Who is the VOAs client for rating?

Answer 6

Welsh government - department for communities and local government

Question 7

What is the rating list?

Answer 7

A statutory document.

Forthcoming AVD 01-Apr-2021 - 2023 valuation

Question 8

What is meant by rebus sic stantibus?

Answer 8

Value as it stands..

Schedule 6 of 1988 refers to two matters when valuing for rating properties.

Physical limb- matters affecting physical state and enjoyment of the hereditament

Use limb- mode of category of occupation of hereditament, it’s actual use - can only assume something different if in same category