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Domestic rates are the local government taxation in Northern Ireland. Rates are a tax on property based on the capital value of the residential property on 1 January 2005. Domestic rates consist of two components, a regional rate set by the Northern Ireland Assembly and a district rate set by local councils. Rate levels are set annually.
The municipal council consists of forty-six members elected by mixed-member proportional representation.Twenty-three councillors are elected by first-past-the-post voting in twenty-three wards, while the remaining twenty-three are chosen from party lists so that the total number of party representatives is proportional to the number of votes received.
The tax due is calculated via a system of market bands. The initial national central rate of the tax is 0.18% of a property's value up to €1 million, and in the case of properties valued over €1 million, 0.25% on the balance. From 1 January 2015, local authorities will be able to vary LPT rates -/+ 15% of the national central rate.
The average property tax rate is 0.56%, one of the lowest rates in the country. The average homeowner will pay around $1,707 - more than $1,000 less than the national average.
The council said the increase of 4.99% comprised a council tax increase of 2.99% in line with the limit set by government and an additional 2% social care precept. This is to pay for social care ...
Council Tax is a local taxation system used in England, Scotland and Wales. It is a tax on domestic property, which was introduced in 1993 by the Local Government Finance Act 1992, replacing the short-lived Community Charge (also known as "poll tax"), which in turn replaced the domestic rates.
A cash-strapped local authority is proposing to increase council tax by up to almost 15% from April. ... A spokesperson for the council said their current tax rate was £145 below the national ...
Masilonyana Local Municipality: FS181 Lejweleputswa Theunissen: 6,618 62,770 9.5 Matjhabeng Local Municipality: FS184 Lejweleputswa Welkom: 5,690 429,113 75.4 Metsimaholo Local Municipality: FS204 Fezile Dabi Sasolburg: 1,717 163,564 95.3 Mohokare Local Municipality: FS163 Xhariep Zastron: 8,776 35,840 4.1 Moqhaka Local Municipality: FS201 ...