0 an official value given in the past to a building in the UK, based partly on its size and type, that decided the amount of local tax that the owner should pay
1 the official value given to business properties in the UK which decides the amount of local tax they have to pay:
The proposal recommended that businesses with a rateable value of £8,000 to £10,000 a year would get rates relief of 50%.
The extent of urban segregation in 1837 is indicated in the large valuation differentials of rateable value across the city.
The act also empowered the minister to extend decontrol, with parliament's approval, by periodically lowering the rateable value limits as the housing shortage eased.
If we double the rateable value and halve the poundage the amount to be met by the ratepayers must be the same.
For instance, one of the biggest increases shown is in the rateable value of public open spaces and other local authority property.
Local authorities lose much rateable value if they have many council houses in their area.
In addition, we have ensured that business rates are frozen for businesses with a rateable value of less than £10,000.
That is the minimum figure below which he will receive no well-maintained payment at all, 1¼ times the rateable value.
The rent could be fixed by the rent tribunal by relation to the rateable value of the house.
