Series D04 Tax 4/5 – Question 4; Annual value

Q.
Can you predict what question is going to come out on Annual Value, Improved Value, Objection and Appeal this year 2015?
(Series D04 Tax 4/5 - Question 4; Annual value)

A.
Based on the past 4 years:

2011 Q5 5 ground for objections to rates by local authority (valuation list)
2012 Q4 annual value and improved value, 3 examples
2013 Q2 what is 'annual value'
2014 Q1 object to proposed annual value, matters excluded from rating
2014 Q6 arrear due to local authority

Annual Value is a definite question, and together with it are the procedures of appeal and objection.

1. What are the grounds that a holding can appeal for revaluation or reassessment? What is the process of new valuation list?

2. What if you have forgotten to pay your assessment rates? What if your property had been vacant so far?

3. What are the reasons to ask for exemption for assessment rates (kadar)?

4. Can annual payment of rates be waived or refunded?

5. Case scenario - default of payment of rates and proceedings to recover arrears, what can be done if you are buying a property under such proceeding?

Ref:
Earlier posts in past year question bank.