Local taxation/assessment - lvl 2

Question 1

Tell me about a favourable rating outcome you had negotiated for a client.

Answer 1

45-46 Charlotte Road -

I split the occupation of the property and apportioned each office user with the appropriate rating liability.

I removed two hereditaments at an area of circa. 1,000 sq ft. This was listed as residential accommodation for council tax purposes.

I saved my client over £30,000 on their business rates liability.

Question 2

3 King’s Bench Walk - what was the difference in measurement?

Answer 2

1,624 sq ft.

Question 3

3 King’s Bench Walk - when was the property last measured for rating purposes?

Answer 3

I was told that the property had not previously been measured for rating purposes.

Question 4

3 King’s Bench Walk - what was the saving to your client?

Answer 4

I saved my client £60,000.

Question 5

3 King’s Bench Walk - why should hereditaments be valued rebus sic stantibus?

Answer 5

A property should be valued as it stands to take into account the physical characteristics of the property. The character of the property applies at the beginning of a list or when there is a change in the property.

Question 6

45-46 Charlotte Road - did the cost of works to split the property into parts outweigh the saving in rates?

Answer 6

No.

Question 7

45-46 Charlotte Road - was the property used as residential?

Answer 7

Part of the fourth floor was being used as residential accommodation.

Question 8

45-46 Charlotte Road - did your measurements differ from VOAs?

Answer 8

I removed two hereditaments at an area of circa. 1,000 sq ft. This was listed as residential accommodation for council tax purposes.