Local Taxation

Question 1

What are the Regulations referring to Plant & Machinery?

Answer 1

The Valuation for Rating (Plant and Machinery) (England) Regulations 2000

Question 2

What are the 4 classes of P&M

Answer 2

Class 1- Power (compressors, engines, turbines).
Class 2- Heating, cooling, ventilation (Water heaters, refrigerated machines).
Class 3- Movement (Railway/tracks, lifts, escalators).
Class 4- Structure (Bridges, tunnels, fixes cranes).