How to use Rateable-value in a sentence
This valuation list contains the gross estimated' rental and rateable value of all rateable property in the parish.
From this is deducted the average annual cost of repairs, insurance and renewals, the balance constituting the rateable value.
The rateable value of the parish being known, so much on each pound of the rateable value as will equal the amount required to be raised is levied, and is known as the "rate."
In 1908 the rateable value of the municipality was £36,466,644, the rate 21d.
The total rateable value of the suburbs, not included in the above figures, is over £8,000,000.Advertisement
The Peel report recommended that a large reduction in the number of licensed houses should be immediately effected, and that no compensation should be paid from the public rates or taxes, the money for this purpose being raised by an annual licence-rental levied on the rateable value of the licensed premises; it at once became a valuable weapon in the hands of advanced reformers.
This will be seen by an examination of the rateable value of the three townships now comprised in the borough.
The rateable value is about 4,000,000.
Although the area is comparatively small the rateable value is enormous.
If, however, the total debt of the council will, with the amount proposed to be borrowed, exceed onetenth of the annual rateable value of the property in the county, the money cannot be borrowed unless under a provisional order made by the Local Government Board and confirmed by parliament.Advertisement
These expenses are payable out of a common fund which is raised out of the poor rate of the several parishes in the district, according to the rateable value of each.
The expenses in a rural parish are defrayed by means of a rate raised with, and as part of, the poor rate, with a qualification to the effect that agricultural land, market gardens and nursery grounds are to be assessed to the rate at one-third only of their rateable value.
The rateable value increased from f 709,000 in 1901 to £2,400,000 in 1905.
The local authority works out the Business Rates bill by multiplying the rateable value of the property by the appropriate multiplier.
Remember also that a reduction in your rateable value does not automatically mean that your rates bill will be reduced.Advertisement
The expenses in a rural parish are defrayed by means of a rate raised with, and as part of, the poor rate, with a qualification to the effect that agri cultural land, market gardens and nursery grounds are to be assessed to the rate at one-third only of their rateable value.
The rateable value is based on the rental value of the premises.