1. What's the rateable value of this shop?

2. The tax base, or rateable value, is the net annual value of the property occupied.

3. The amount each business pays is the rateable value multiplied by the rate poundage.

4. They live in what was formerly a low rateable value area./rateable value.html

5. The rate is then expressed as a poundage on the rateable value.

6. Households are to be divided into two strata, according to rateable value.

7. However, the Tribunal would not determine at this stage that the contractor's test was the only test for ascertaining rateable value.

8. The expression must be understood as extending at least to the ways in which rateable value had been employed for Government rent purposes.

9. Thus BL 121 itself expressly stated that such 3% rent was to be "adjusted in step with any changes in the rateable value thereafter".

10. The appeal was heard before the Court of Appeal which held that BL 121 did not confine the meaning of " rateable value" to the meaning contained in the Rating Ordinance.