Rates Estimation

Kindly note that:

“To understand the financial implications of your GV2018 property valuation the following estimated monthly rates liability has been calculated based on the 2022/2023 budget which was adopted by the City of Cape Town in May 2022.

The estimated calculation has only taken into account the statutory and City determined reduction amounting to R300 000 per residential property value and not any other individual rebate that may be granted on application.

Exemptions, reductions and rebates as prescribed by the Municipal Property Rates Act of 2004 and the City’s Rates Policy should be applied for, and are therefore excluded from the estimation.

Disclaimer

This information is provided as a service to the users of this website.  The information and calculation of potential rates liability is only an indicative amount and may fluctuate subject to the number of days in the month.  The City of Cape Town accepts no liability for incorrect information and calculation of rates”

In order to understand the financial implications of your new property valuation the following estimated monthly rates liability has been calculated based on a 5 percent budget increase.

The calculation has only taken into account the statutory and City determined reduction per property value and not any other individual rebate that may be granted on application.

All residential rate calculations are done in the background and are simply to give an indication of the potential rates payable based on the new valuation.

Disclaimer: This information is provided as a service to the users of this web site. The information and calculation of potential rates liability is only an indicative amount. The final amount will be determined when the City of Cape Town adopts its 2019/2020 budget in May 2019.