House rates to be 0.6 of house value!
Options
joemardo1
Posts: 340 Forumite
in N. Ireland
Hi,
Yes it seems the new rates system as from 2007 will be 0.6% pf house value whatever it was at Jan 05.
So a £100k house rates will be £600 a £150k house rates to be £900.
What do you think?
joe
Yes it seems the new rates system as from 2007 will be 0.6% pf house value whatever it was at Jan 05.
So a £100k house rates will be £600 a £150k house rates to be £900.
What do you think?
joe
0
Comments
-
Hi joe, where did you hear this? Our rates went up about 20% since last year. Who is going to assess the value of everyones house?0
-
The Valuation and Lands Agency are doing the assessments.0
-
Yes but I mean, every house in the same street may look the same from the outside but may not be worth the same amount depending on state of repair so I take it they will just be using average prices then? And will that be updated yearly to take into account alterations, eg extensions, new outbuildings etc?0
-
I was in work yesterday and we where discussing receiving this years rates bills .
My supervisor laughingly said "if you seen my rates bill it would make you cry " .I thought he must have got a big bill .His rates bill was £430 !!!!! .Mine was over £600 .His house is twice the size as mine .My supervisor lives in a farm house and thus pays lower rates .
I know farmers always cry about having no money but a lot have second jobs .If I have to pay my full rates then so can the farmers ,or they can apply for a rate rebate . My supervisor bought new machinery in March to avoid paying 40% tax .If only I could earn enought to have to pay 40% tax .If you built a house in the next field to a farm house you would pay your full rates ,the farmer wouldn't .0 -
Teerah wrote:Yes but I mean, every house in the same street may look the same from the outside but may not be worth the same amount depending on state of repair so I take it they will just be using average prices then? And will that be updated yearly to take into account alterations, eg extensions, new outbuildings etc?
Knowing the laziness of the civil service they will probably buy themselves a copy of google earth
IvanPast caring about first world problems.0 -
Google Earth shows these perfectly in the Greater Belfast area, much of North Down and Carrick Areas!! I recently dicovered a neighbour not far away has a nice outdoor pool, must get to know him lol. New valuations will be interesting, I know for a fact I am paying higher rates on a higher valuation than my next door neighbour whose house and plot of land is bigger than mine. He also has a conservatory and I don't.0
-
ginger_nuts wrote:His rates bill was £430 !!!!! .Mine was over £600
3 BED BUNGALOW - £1000 IN BANBRIDGE. I COULDN'T BELIEVE IT. HOW THE HELL CAN THEY JUSTIFY THIS? WHOOPS! SORRY! THEY DON'T NEED TO.sufferinsnickerinrickrastadley0 -
BigAl94 wrote:Google Earth shows these perfectly in the Greater Belfast area, much of North Down and Carrick Areas!! I recently dicovered a neighbour not far away has a nice outdoor pool, must get to know him lol. New valuations will be interesting, I know for a fact I am paying higher rates on a higher valuation than my next door neighbour whose house and plot of land is bigger than mine. He also has a conservatory and I don't.
ivanPast caring about first world problems.0 -
The fact that they advertise they employ 285 staff annoys me. If it were a business the RCA could be run by 20-30 people MAX.
Still, in a very small country with more health and education boards then most continents have why does it surprise me !0 -
The puzzling thing in my case is that the properties were built at about the same time and the bigger house and garden have less of a valuation than any of the surrounding properties, even of an identical house type.0
This discussion has been closed.
Categories
- All Categories
- 343.5K Banking & Borrowing
- 250.2K Reduce Debt & Boost Income
- 449.9K Spending & Discounts
- 235.6K Work, Benefits & Business
- 608.6K Mortgages, Homes & Bills
- 173.2K Life & Family
- 248.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards