View example sentences, synonyms and word forms for Rateable.
Rateable
Rateable meaning
Liable to incur the payment of rates. | Able to be evaluated with a rating.
Example sentences (9)
The BID is funded by businesses, each of which pay an annual 1.5per cent levy of their rateable value.
The current rateable value (estimate of what it would cost to rent a property for a year) was assessed at £38,500.
While this is true, with the national average decrease in rateable value (RV) for the retail sector in England being -10%, it is in fact the only one.
Each business will be asked if they would pay a levy based on the rateable value of their premises, with the biggest traders paying the most.
However, the rule of thumb is that a water bill could lower your bills if you live in a property with a high 'rateable value' (the formula used to set estimated water bills), do not use much water and/or live alone.
The scheme has been designed to help businesses by lowering their bills depending on their premises’ rateable value – an estimation of how much rent it could earn if let on the open market.
The valuation roll consists of property information of all rateable properties within the boundaries of the municipality for determination of assessment rates.
Under the scheme, businesses must pay 1.6% of their rateable value in a single payment each year.
The partnership submitted an official bid as potential buyers on August 14, which, according to council documents, has a rateable value of £36,250.