from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. liable to the payment of rates
from the GNU version of the Collaborative International Dictionary of English
- adj. See ratable.
from The Century Dictionary and Cyclopedia
- See ratable.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- adj. liable to payment of locally assessed property taxes
They are calculated as a percentage of a company's so-called rateable value, the equivalent of how much rent it would pay in the open market.
It suggests that a single person living alone in a property on the average "rateable" value could save around £100 a year.
Mr. Tsang said the government plans to waive the stamp duty, or property rates, for 82% of rateable properties in the next financial year, subject to a ceiling of HK$1,500 per quarter for each rateable property.
The handwritten ledgers, detailing the rateable value and often the price of every property, have been available at the Public Record Office in west London for some time.
The dark, close trees came to and end and I was back bathing in the rateable value of the yellow street lights. ...
Even if that was legitimate (which it clearly isn't), Iain Gray and Anne Moffat are claiming almost £16,000 a year when the rateable value (what they should be claiming) is just £5,300.
Yet, it would seem this is what has happened over the past couple of weeks, as 100,000 Welsh businesses have received notification from the Valuation Office Agency, an executive agency of HM Revenue & Customs, of the new rateable value of their business property.
This is because, every five years, the VOA carries out a revaluation of all rateable values in England and Wales, and the next one is due to come into effect on April 1, 2010.
Newly rateable properties will be phased in over four years with 25 percent payable in the first year, 50 percent the second, 75 percent the third and 100 percent in the fourth.
While every pound is critical to the survival of small firms, the time has come for the Assembly Government to instigate emergency measures and abolish, for the next twelve months, rates for all businesses with a rateable value of less than £10,000.