Ratable

(redirected from rateable)
Also found in: Dictionary, Thesaurus, Legal.

Ratable

1. Describing a property of which an appraisal is possible. For example, a farm is a ratable property because its value is able to be assessed.

2. See: Taxable.

Mentioned in ?

References in periodicals archive ?

The latest revaluation period came into effect on April 1, 2010, with rateable values based on a valuation date of April 1, 2008.

DO THE MATH ... HOW BUSINESS RATES ARE SET

In future, ratepayers of vacant commercial premises undergoing refurbishment should not assume their assessments will be reduced to a nominal rateable value, which may well deter investors from upgrading stock.

Holmes investigates: A significant ruling on rateable value; Birmingham's very own property super sleuth, Theo Holmes from CBRE, dusts off his deerstalker and gets out his magnifying glass to investigate property refurbishment and the implications for business rates

And it could be good news for businesses as they may receive the welcome news that their rateable values have either remained static or have decreased.

Rates set to rise despite revaluations

Many of the proposed rateable values show uplifts from the previous assessments and the Valuation Office invites occupiers to advise them of any errors or issues relating to the summary valuation.

Business occupiers facing uncertainty over new rateable values

Post offices with a rateable value of between pounds 9,000 and pounds 11,999 will receive 50 per cent relief.

Assembly's big boost for small businesses

This can be quite unfair, particularly where the Rateable Value Assessments, which reflect open market rental value, have fallen and where the occupier's liability is phased downwards incrementally.

Rates demand warning

In that case the rateable value could be reduced on appeal.

Experts view rating valuations; THE new rating valuations and the empty property rates are prompting much debate in the region's commercial property sector, say our regional experts

The VOA values properties for the purposes of charging business rates and assign the rateable values every five years, and the current revaluation values properties based on their rental values at April 1, 2008.

Many firms likely to benefit from cut in business rates

It gives 50pc relief to those with a rateable value up to pounds 5,000 and relief on a sliding scale to businesses with a rateable value between pounds 5,000 and pounds 10,000.

New scheme bring relief to business

Sue Essex: The average increase in rateable values in Wales between 1998 and 2003 was 12.

MINISTER: 'IT'S FAIR'

New rateable values will apply to business properties from Friday, April 1, and there have been a number of cases, some of which have ended in court, of businesses being targeted by rating cowboys.

Firms must beware of 'rating cowboys'

The 2005 business rates revaluation looks set to compound the problem, with high increases in rateable values (from which the overall rates bill is derived) for retailers.