Rating Valuation

Patrick H. Bond is former Head of Rating Valuation at the Valuation Office Agency’s head office, a past president of the Rating Surveyors Association and was chairman of the RICS Rating Diploma Holders’ Section in its 2022 Centenary year. He is a visiting lecturer in Rating at Bayes (formerly Cass) Business School, City University, and an assessor on the RICS Rating Diploma Study Course as well as being an IRRV tutor on both Rating and Valuation courses. He is a well-known conference speaker including at various international conferences and contributes articles in the professional press. Peter K. Brown is a former Professor of Property Taxation at Liverpool John Moores University, UK, and a David C. Lincoln Research Fellow, Lincoln Land Institute, Cambridge, Massachusetts, USA. He was a member of the second Wood Committee looking into the rateability of plant and machinery. He was a regular speaker at conferences and contributed to articles in the professional press.

1. Introduction

2. The Rateable Occupier

3. The Hereditament

4. The domestic/non-domestic borderline

5. Exemptions and reliefs

6. The basis of valuation

7. Rental analysis and valuation

8. The Contractor’s Basis

9. Receipts and expenditure

10. The valuation of shops

11. The valuation of offices

12. The valuation of factories, workshops and warehouses

13. The valuation of plant and machinery

14. The valuation of other types of property

15. The 2023 rating lists: preparation, alteration and appeals

16. Rating administration, collection and enforcement

17. The Empty Property Rate

18. The Council Tax

19. Rating in Northern Ireland

Appendix 1

Appendix 2