A
Henry Stewart Professional Briefing
Rates
•
Current Law and Practice
• What you must know
Chairman
Roger Messenger, Partner, Wilks Head & Eve; Chairman,
Valuation Faculty IRRV;
President, Rating Surveyors Association
Speakers
Patrick Bond, Deputy Director of Rating, Valuation
Office Agency
Gordon Heath, Director, Gordon Heath Ltd
Blake Penfold, Director, GL Hearn
Jerry Schurder, Head of Rating, Gerald Eve &
Chairman, RICS Rating and Local Taxation Policy Panel
Peter Scrafton, Solicitor, Sole Principal, J.P. Scrafton
Important
issues covered during the day include:
NEW
REGULATIONS – CHANGES FOR 2005
Appeals Regulations
-
Timetable
- compiled lists proposals
- other appeals
- impact on appeal numbers
-
Transitional Arrangements
-
England, Wales and Scotland
-
‘Winners’ and ‘losers’
-
Small businesses
SUMMARY
VALUATIONS
Information to Ratepayers
-
Summary valuations
-
Schemes of valuation
Valuation
Schemes
-
What will these cover?
-
How the schemes are set up
-
Where they are published
-
Schemes dissected
Allowances
-
What are they for – size, layout, other factors?
-
When will they apply?
-
How much to allow?
Thorny
Problems and Best Practice Solutions
-
Rental adjustment – rent-free periods, premiums/reverse premiums, capital contributions
-
Fitting out – what to value and how
-
Treatment of costs – devaluation, age and obsolescence
RICS/IRRV/RSA
CODE OF PRACTICE
-
The new Code of Practice
-
Reasons for having a Code
-
Status of the Code
-
When it applies
-
Requirements when seeking instructions
-
Requirement for Terms of Engagement
NEW
LEGISLATION – CHANGES TO THE SYSTEM
-
Rent returns
- new civil penalty for late submission
- effect on information provision so far
-
Prescribed assessments to end
-
Agricultural buildings
-
Meters
-
BIDS
-
LABGI
PRACTICAL
APPLICATION – RATE PAYMENTS AND REGULATION CHANGES
Transition
regulations
l Certification for transitional relief
l Levies and reliefs
CASE
LAW UPDATE
-
Recent important cases in the Lands Tribunal and superior courts