Local taxation/assessment - lvl 1 Flashcards
1
Q
What is the definition of rateable value?
A
2
Q
Tell me about your understanding of the role VOA/Local/Central Government play in the management of business rates.
A
3
Q
What is the Local Government Finance Act 1988?
A
4
Q
Tell me about Schedule 5 / 6?
A
5
Q
How does the basis of value differ for rating differ to market rent?
A
6
Q
What are the 4 tests of rateability?
A
7
Q
How does Council Tax differ from business rates?
A
8
Q
What approaches do the VOA use when valuing non-domestic property?
A
9
Q
How does air conditioning affect value differently in different use classes?
A
10
Q
Tell me about Woolway v Mazars.
A
11
Q
How are rates payable calculated?
A
12
Q
Tell me the process of challenging the rating list.
A
13
Q
What is the UBR?
A
14
Q
What is a hereditament?
A
15
Q
What is the Valuation Tribunal?
A
