Subjects:

Commercial Property

Contents:

Introduction and history. Principles of valuation. Liability for rates. Total and partial exemptions from rating. Compilation and alteration of the rating list. Methods of assessment. Referencing of properties. Assessment of retail and commercial property. Industrial property, plant and machinery, mineral herditaments. Assessment of licensed premises. Garages and service stations. Valuation of public utility undertakings. Community properties. Valuation of miscellaneous properties. Council Tax.

Rating Law: The Uniform Business Rate updates rating law and practice to reflect the introduction of the Uniform Business Rate and the 1995 revaluation. It provides a concise guide to the recent provisions and changes in the law, such as:-

• the introduction of the Uniform Business Rate 1990;
• procedural changes introduced for the 1995 revaluation;
• the 1995 Plant and Machinery Order.
  The aim is to present current law and practice in simple terms to cover both theory and practical use.
  • Readers will benefit from the clear analysis and guidance on rating law issues
  • Discusses the significance and implications of the rating revaluation in April 1995
  • Flow charts aid the description of practices.