Friday, 3 April 2015
Review of Domestic Rating
A consultation on the domestic rating system is now underway. Currently properties are rated through a method which assesses them against their rental value in 1969: a system which is considered outdated and iniquitous by many.
Through the consultation Government are proposing several options including a system in which all properties are rated against their capital rather than rental value.
The impact of changes to the rating system will become more evident as further services are transferred from government to local authorities.
It is likely that there will be 'winners' and 'losers' as a result of a new system being implemented, so the Commissioners encourage residents to consider the matter carefully and submit their views to Government. The consultation can be accessed here and closes on April the 27th 2015.
¶ 14:49
A consultation on the domestic rating system is now underway. Currently properties are rated through a method which assesses them against their rental value in 1969: a system which is considered outdated and iniquitous by many.Through the consultation Government are proposing several options including a system in which all properties are rated against their capital rather than rental value.
The impact of changes to the rating system will become more evident as further services are transferred from government to local authorities.
It is likely that there will be 'winners' and 'losers' as a result of a new system being implemented, so the Commissioners encourage residents to consider the matter carefully and submit their views to Government. The consultation can be accessed here and closes on April the 27th 2015.
¶ 14:49