The South African Institute of Valuers (SAIV) would like to encourage property owners to have a better understanding of the municipal valuation process and its effect on rates and taxes payable.
SAPOA is concerned over the lack of feedback from the City of Johannesburg on the latest General Valuation (GV) Process.
Johannesburg is not alone in dealing with a valuation roll mess. Cape Town, reputed to be an efficient administration, is faced with the same headache.
The value of a property directly influences rates payable on that property and in an area like Knysna.
The Knysna municipality is preparing a new general valuation roll based on property sale price.
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