Post by Kiwi Frontline on May 16, 2016 18:16:48 GMT 12
RATES RELIEF FROM AUCKLAND COUNCIL
Auckland Council is changing the way it charges rates on Maori land to reflect the limited potential for development of some land in multiple ownership.
The change to the rates remission and postponement policy in the 2016/2017 budget means rates can be adjusted to what would have been charged had the property been valued excluding any potential use that is unlikely to be achieved within Maori ownership.
The rates can also take into account significant barriers to development such as owners being deceased or not succeeded to.
Rates can also be remitted for marae and urupa land even if it is larger than the current two hectare limit for non-rateability.
Land returned under treaty settlement for commercial redress but then set aside and protected for cultural, historic or natural conservation purposes or because it is waahi tapu can also escape rating….
www.waateanews.com/waateanews?story_id=MTM1OTU=
Auckland Council is changing the way it charges rates on Maori land to reflect the limited potential for development of some land in multiple ownership.
The change to the rates remission and postponement policy in the 2016/2017 budget means rates can be adjusted to what would have been charged had the property been valued excluding any potential use that is unlikely to be achieved within Maori ownership.
The rates can also take into account significant barriers to development such as owners being deceased or not succeeded to.
Rates can also be remitted for marae and urupa land even if it is larger than the current two hectare limit for non-rateability.
Land returned under treaty settlement for commercial redress but then set aside and protected for cultural, historic or natural conservation purposes or because it is waahi tapu can also escape rating….
www.waateanews.com/waateanews?story_id=MTM1OTU=