Principles and Practice, 3rd Edition
Published October 26th 2010 by Estates Gazette – 433 pages
Since its publication this book has become the standard for both students studying for their examinations and practitioners needing a comprehensive reference book covering rating law, valuation and, importantly, practice. This third edition brings the reader up to date with the changes for the 2010 Rating Revaluation, developments in case law, the new appeals regulations and current approaches to valuing many classes of hereditament, as well as highlighting the differences between cases in England and Wales.
The book is well illustrated with example valuations showing both methods of valuation and the variety of property surveyors come across in practice.
The authors have extensive experience in the subject and regularly lecture on rating, valuation and taxation matters.
1. Introduction 2. The Rateable Occupier 3. The Heriditament 4. The Domestic/Non-Domestic Borderline 5. Exemption and Reliefs 6. The Basis of Valuation 7. Rental Analysis and Valuation 8. The Contractor's Basis 9. Receipts and Expenditure 10. The Valuation of Shops 11. The Valuation of Offices 12. The Valuation of Factories, Workshops and Warehouses 13. The Valuation of Plant and Machinery 14. The Valuation of other types of Property 15. The 2010 Rating Lists: preparation, alteration and appeals 16. Rating Administration, Collection and Enforcement 17. The Empty Property Rate 18. The Council Tax
Peter Brown is Professor of Property Taxation at Liverpool John Moores University and a former David C. Lincoln Research Fellow, Lincoln Land Institute, Cambridge, Massachusetts, USA.
Patrick Bond is Deputy Director of Rating at the Valuation Office Agency and formerly Group Valuation Officer for East Anglia when he was responsible for the preparation and maintenance of rating and council tax valuation lists throughout Norfolk, Suffolk and Essex. Visiting lecturer in Rating Valuation and Professional Practice at Cass Business School, City University.