Tool explanation
1. Insert the property value amount as calculated by your municipality / the value you have determined
2. Insert the rates exemption amount according to your Municipal Property Rates Policy for the specified year
3. This is the estimated property value you will be charged rates for (Automated Calculation)
4. Insert the Municipal rates tariff that applies for your property category according to your Municipal Rates Policy for the specified year
5. This is the estimated property rates value you will be paying from July to June next year (Automated Calculation)
6. This is the estimated property rates value you will be paying monthly from July to June next year (Automated Calculation)
Tool tip: The municipal tariff will be the amount of cents charged per rand as per the categories of property in accordance with your Municipal Property Rates Policy applying to the valuation roll of the specified period.