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English definition of “rateable value”

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rateable value

noun [C]
 
 
TAX, GOVERNMENT the official value given to business properties in the UK which decides the amount of local tax they have to pay: The proposal recommended that businesses with a rateable value of £8,000 to £10,000 a year would get rates relief of 50%. →  Compare council tax
Translations of “rateable value”
in Chinese (Traditional) (英國對房地産的)徵稅估定價值,課稅價值…
in Chinese (Simplified) (英国对房地产的)征税估定价值,课税价值…
(Definition of rateable value from the Cambridge Business English Dictionary © Cambridge University Press)
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