What is the meaning of the following terms used in property rating; a. Rateable Value of premises

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What is the meaning of the following terms used in property rating;

a. Rateable Value of premises as in Local Government Act 1993, Act 462, Section 96(9)

b. Replacement Cost Approach to property rating enshrined in the Local Government Act 1993 Act 462, Section 96.

c. Depreciation as in Local Government Act462, stating the lower and upper limit of owner-occupier premises.

d. Rate Impost

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Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Posted Date: Aug 26, 2020 07:15 AM

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What is the meaning of the following terms used in property rating; a. Rateable Value of premises

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Rateable value is a significant determinant in tax collection from any premises be it private or business Further it might act naturally involved leto... View the full answer

Using Financial Accounting Information The Alternative to Debits and Credits

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