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The Rating Of Land Values | by Arthur Wilson Fox



Notes upon the proposals to levy rates in respect of site values

TitleThe Rating Of Land Values
AuthorArthur Wilson Fox
PublisherP. S. King & Son
Year1905
Copyright1905, P. S. King & Son
AmazonThe rating of land values
The Rating Of Land Values

By Arthur Wilson Fox, C.B, Secretary to the Royal Commission on Local Taxation.

Second Edition Revised, With Addenda

-Introduction
Dear Lord Balfour, It has been suggested to me on several occasions that some notes upon the proposal to levy rates in respect of site values, which I made when I was Secretary to the Royal Commissio...
-England. I. - Proposals To Rate Land Values
Proposals to levy a special rate in respect of land values in urban districts have been before the public in England and Scotland for several years. As far as England is concerned, the movement appea...
-II. - Methods Of Selling And Leasing Building Land
Before proceeding to deal with the various arguments which have been put forward in support of and against the proposal to assess site values to local rates, it will be convenient to refer shortly to ...
-- Methods Of Selling And Leasing Building Land. Part 2
Sargant, Vol. IV. of Min. of Ev., App. No. XI., par. 3 (a). Wainwright, 21,981-4. Mathews, 22,190, and Vol. IV. of Min. of Ev., App. No. VI., par. 12. Harper, 22,263-6, and Vol. IV. of Min. of Ev., ...
-- Methods Of Selling And Leasing Building Land. Part 3
Ibid, p. 20. (4.) Instead of disposing of them to the landowner in augmentation of the rents to which he would otherwise be entitled, he may sell them to the builders C, D., E., F., in reduction of t...
-III. - Summary Of Arguments Advanced For And Against The Rating Of Slte Values
Under the present system of rating a hereditament upon its net annual value, that is on the net rent at which it might be reasonably expected to let from year to year, every portion of the whole prese...
-- Summary Of Arguments Advanced For And Against The Rating Of Slte Values. Continued
While the rating of site value thus concerns the public at large as an administrative reform, it is of special importance in connection with the urgent problem of providing house accommodation for the...
-IV. Unearned Increment
Among the reasons suggested for the imposition of a special rate on site values is, that it would secure a contribution in respect of the increase in the value of sites, due to the presence of the com...
-Unearned Increment. Continued
Price, Parliamentary Paper, C. 9528 of 1899, p. 185. Sargant, 23,180-1, 23.199-F. W. Hunt, 22,542. Warner, 13,472-85. De Bock Porter, Vol. IV. of Min. of Ev.,App. IX., par. 4. Sabin, 21,449, 21,450-...
-V. - How Far Lessees And Occupiers Take The Rates Into Consideration When Making Their Bargains. Incidence Of Rates
It has also been suggested that the rating of owners in respect of site values would secure a contribution from them towards payment of increased rates, old or new which could not have been foreseen a...
-- How Far Lessees And Occupiers Take The Rates Into Consideration When Making Their Bargains. Incidence Of Rates. Continued
Mr. Vigers, Valuer and Surveyor, of London, and Mr. H. A. Hunt, Surveyor and Agent of Estates in London, Warner, also confirmed this view. Mr. Vigers said that those who are undertaking a building le...
-VI. - The London County Council Scheme
The London County Council Scheme is that a separate valuation of the site of every hereditament should be made; and that, besides the rates imposed as at present upon the occupier in respect of the ra...
-VII. - Mr. Fletcher Moulton's Scheme
Mr. Moulton's proposal to the Commission was that the structural value and the site value of every hereditament should be separated, and that for the present rates there should be substituted a dual s...
-VIII. - Who Is The Owner Of Site Value Or In Enjoyment Of Site Value?
Among the advocates of the rating of site values there seem to be serious differences of opinion on this fundamental point. Mr. Harper's scheme for levying the site value rate is intricate, but from ...
-IX. - Mr. Mckenna's Scheme
Mr. McKenna, M.P., proposed a scheme for rating in respect of site values in a memorandum he sent to the Royal Commission on Local Taxation. This scheme is part of a larger scheme put forward by him f...
-X. - Existing Contracts
Upon the subject of existing contracts the Royal Commission on Local Taxation was unanimous in the opinion that no interference with such contracts is justifiable. The Separate Report on Urban Rating...
-XI. - Rating On Capital Value Death Duty
Municipal The question has frequently been raised how far capital value or selling value as opposed to annual value or rental value should be made the basis of valuation. Site value, as ex...
-- Rating On Capital Value Death Duty. Continued
Valuers expressed opinions in favour of valuing upon the basis of rental, and not of capital or selling value. Mr. Cross of Manchester stated, that to assess land from which very little or no annual ...
-XII. - Possibility And Cost Of Making A Separate Valuation Of Sites
Upon the question as to how far it is possible to satisfactorily make a separate valuation of a site, apart from the building standing upon it, a good many contradictory opinions were expressed to the...
-- Possibility And Cost Of Making A Separate Valuation Of Sites. Part 2
Sargant, 23,366, and Vol. IV. of Min. of Ev., App. No. XL, par. 20. De Bock Porter, Vol. IV. of Min. of Ev., App. No. IX., pars. 3. 11; Mathews, 22,116-27; Costelloe, 20,227-8, 20,232. Harper, 12,...
-- Possibility And Cost Of Making A Separate Valuation Of Sites. Part 3
Mr. R. Vigers, late President of the Surveyors' Institute, stated that sites and structures can be valued separately, if the building is suitably situated, but he pointed out the difficulty where this...
-- Possibility And Cost Of Making A Separate Valuation Of Sites. Part 4
Cross, 21,662. Wainwright, 21,877-83, and Vol. IV. of Min. of Ev,, App. No. V., par. 10. Mathews, 22,094-101, 22,116-18, 22,122, and Vol. IV. of Min. of Ev., App. No. VI., par. 17. Mathews, Vol. IV...
-XIII. - Rating Of Building Land
It is necessary to draw several distinctions on this complicated point. Land which is not occupied is not rated or rateable at all, under the Act of Elizabeth. The extent of such land is probably not...
-- Rating Of Building Land. Part 2
Mr. Fletcher Moulton thus expressed his views upon this question: - In the case of unoccupied land in towns, I am of opinion that this taxation would be both just and beneficial. On examination, it w...
-- Rating Of Building Land. Part 3
Upon this point, Mr. Mathews of Birmingham said: - It has been stated that landlords intentionally withhold their land from the market when it is ripe for building. This may sometimes be done in a lo...
-- Rating Of Building Land. Part 4
But he altogether disclaims any intention of rating land only ripening for building. He says: Until land becomes ripe for building, it would inflict hardship to assess it upon any greater value than ...
-XIV. - Rating Of Land Values And Feu Duties
In Scotland, the witnesses who proposed to the Royal Commission on Local Taxation that owners of land values and feu duties should be specially rated, did so mainly on the ground that such owners secu...
-- Rating Of Land Values And Feu Duties. Part 2
In the Feu charter there are usually special conditions that the vassal shall erect buildings of a certain value, say of an annual value equal to six times the feu duty, and also that the buildings s...
-- Rating Of Land Values And Feu Duties. Part 3
A broad distinction must, therefore, be drawn between owners of site values who have reversionary interests capable of increasing in value, and the owners of feu duties who have no reversions, and no ...
-- Rating Of Land Values And Feu Duties. Part 4
Thereafter, when the proprietor comes to pay the feu duty or ground annual (if any) applicable to the ground, he shall be entitled to deduct therefrom the same proportion of the local rates and taxes...
-XV. - Rating Of Building Land
The witnesses who supported the rating of feu duties and site values were generally in favour of rating unoccupied building land, and also land on the outskirts of urban districts ripe for building (w...
-Appendix I. Extracts from Reports of Royal Commission on Local Taxation
(Agreed to by Nine out of the Fifteen Commissioners.) Reviewing the evidence we have taken on this subject, we think that although it cannot be said that it would be impossible to assign separate val...
-Appendix I. Extracts from Reports of Royal Commission on Local Taxation. Continued
A special additional tax on site or land values would be inequitable and cannot be justified either on the ground of ability or benefit. A general rate on all site value would be in no way proport...
-How Site Values Should Be Rated
Concluding then that a valuation of sites can be made, we next have to consider in what manner it should be utilised for the purpose of taxation. A proposal has sometimes been made for the division o...
-How Site Values Should Be Rated. Continued
(1.) As regards rates existing when any contract ismade,it obscures the shifting and diffusion of the burden which without doubt really take place; and the apparent inequality is made a popular grieva...
-Unoccupied Property And Uncovered Land
Properties which are unoccupied, whether empty buildings or uncovered land, are not generally liable to rates in England and Wales, though it appears that in Scotland unlet properties are liable in la...
-Unoccupied Property And Uncovered Land. Part 2
These weighty objections would be met by the revised proposal which we are inclined to recommend for adoption, viz., that the new site value rate which we have proposed should be charged in respect of...
-Unoccupied Property And Uncovered Land. Part 3
Difficulties of Valuation and suggested safeguards. Summary. It may be convenient that we should here briefly summarise the conclusions which we have formed on the question of Urban Rating, and to w...
-Appendix II. Housing Of The Working Classes Commission
Extract from Report, 1885. In connexion with any such general consideration of the law of rating, attention would have to be given to the following facts. At present, land available for building in ...
-Appendix III. Recent Schemes For Rating Urban Land Values
Extracts from an Article by Professor Edgeworth in the Economic Journal, March, 1906, entitled recent schemes for rating urban Land Values. It is only the disciples of Henry George who would trea...
-Recent Schemes For Rating Urban Land Values. Continued
The neglect of the burden repercussively imposed on the occupier is the capital error of the schemes criticised in the former paper; schemes justly described in the Separate Report1 as crude and viol...
-Appendix IV. Summary of Bills for the Rating of Land Values
England: Summary of Bills for the Rating of Land Values introduced into the house of commons since the issue of the final report of the royal Commission on Local Taxation. The first Bill for the rati...
-Scotland. Lands Valuation Bill
A Lands Valuation Bill for Scotland was introduced into the House of Commons by Mr. M'Crae, M.P., in 1903. The Bill only dealt with unoccupied land in Burghs, and did not propose a special rate upon...
-Addendum I. Scotland. Summary of the Land Values Bill
Summary of the Land Values (Scotland) Bill, introduced into the house of commons in 1907 In 1907 a Bill (the Land Values (Scotland) Bill) to provide for the ascertainment of land values in Scotland...
-Addendum II. Extracts from the Report of the Select Committee on the Land Values Taxation
Extracts from the Report of the Select Committee on the Land Values Taxation, etc. (Scotland) Bill, signed by the Committee on December 13TH, 1906. It will be observed from the foregoing description ...
-Extracts from the Report of the Select Committee on the Land Values Taxation. Continued
Your Committee has given the most anxious consideration to the case thus presented, for the exemption of superiors and owners of feu duties. It is impossible, in the opinion of your Committee, to acce...









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