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Why do I still receive the rates demand note though a rates concession has been announced in the Budget?

Rating and Valuation Department

The Government announced in the 2021-2022 Budget Speech that rates concession will be given to all ratepayers to offset the rates payable for four quarters from April 2021 to March 2022. For each domestic rateable tenement, the ceiling will be $1,500 per quarter for the first two quarters (April 2021 to September 2021) and $1,000 per quarter for the following two quarters (October 2021 to March 2022). For each non-domestic rateable tenement, the ceiling will be $5,000 per quarter for the first two quarters (April 2021 to September 2021) and $2,000 per quarter for the following two quarters (October 2021 to March 2022).

Rate payers may still receive "Demand for rates and/or Government rent" (Demand) from the Rating and Valuation Department (RVD) for the following reasons -

  • The quarterly Demand will show the details of the concession and the rates payable after offsetting the concession amount. Even though the rates payable is zero, RVD will still issue the Demand to the payer for reference; or
  • The payer is still required to pay Government rent; or
  • The rates payable is more than the rates concession amount.

Upon receipt of the Demand, the payer is required to make the payment by the due date. A 5% surcharge will be imposed immediately after the last day for payment. A further 10% surcharge will be imposed on any amount remaining outstanding (including the 5% surcharge already imposed) six months after the original last day for payment.

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Last update: 3 Jun 2021
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