Rating ( assessment rates )
1) In sec 147,what condition or ground, the owner can make objection & appeal against assessment rates
a. that any holding ( property ), which is rateable, is valued beyond its rateable value;
b. that any holding valued is not rateable;
c. That any person who, or any holding which ought to be included in the Valuation List is omitted there from;
d. That any holding is valued below its rateable value, or
e. That any holding or holdings which have been jointly or separately valued ought to be valued otherwise.
2. Prepare the flowchart diagram on the preparation of valuation list & briefly discuss it
Gazettes
↓
conduct site inspection on rateable holding
↓
valuation
↓
determine the annual value or improve value
↓ ↑ *
objective and appeal
↓
approved and confirmation on valuation list
who is the collection body?
1) Federal - custom and LHDN
2) State - Land office
3) Local Government - Local Authority
Stamp Duty
RPGT
Rating / Accessment
Land Tax
a) Quit Rent
b) Premium / Additionanl premium
development charges
Payment
Payee
