How are municipal property rates determined?

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The financial liabilities for municipal property rates are calculated by multiplying the market value of immovable property (for example, land and buildings) by a Cent amount in the Rand that a municipal council has determined. For example: If the market value of immovable property (land and buildings) is R 50 000, and o The Cent […]

Who is liable for the payment of municipal property rates?

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All immovable property owners are liable for the payment of rates. Therefore, all property owners, including commercial, residential (homes), agriculture, government, etc, are included in the definition of property. Land tenure rights such as permission to occupy (PTOs) commonly found in communal areas, are also included in the definition of property. Municipalities must ensure that […]

What are municipal property rates?

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Municipal property rates are a Cent amount in the Rand levied on the market value of immovable property (that is, land and buildings). Municipalities have a long history of rating property in terms of the old Provincial Ordinances (of the former Cape, Natal, Orange Free State and Transvaal provinces), especially in the formerly white urban […]

Why is there a need for the Municipal Property Rates Act?

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To regulate the power of a municipality to impose rates on property (in accordance with section 229(2) of the Constitution); To provide a uniform framework for regulating the rating of property throughout the country; To exclude certain properties from rating in the national interest; To make provision for municipalities to implement a transparent and fair […]