Thursday, June 18, 2015

Series D04 Tax 4/5 - Question 4; Annual value

Q.
Can you predict what question is going to come out on Annual Value, Improved Value, Objection and Appeal this year 2015?
(Series D04 Tax 4/5 - Question 4; Annual value)

A.
Based on the past 4 years:

2011 Q5 5 ground for objections to rates by local authority (valuation list)
2012 Q4 annual value and improved value, 3 examples
2103 Q2 what is 'annual value'
2014 Q1 object to proposed annual value, matters excluded from rating

Annual Value is a definite question, and together with it are the procedures of appeal and objection.

1. What are the grounds that a holding can appeal for revaluation or reassessment? Can annual payment of rates be waived or refunded?

Ref:
Earlier posts in past year question bank.

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