Review of objections to 2024-2025 rateable values completed

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The Rating and Valuation Department (RVD) has reviewed about 72 000 objections received from March 18 to May 31 regarding the new rateable values in the Valuation List and the Government Rent Roll and issued Notices of Decision (Form R22A) in respect of these objections in phases.

A spokesman for the RVD today (November 22) said that anyone who lodged an objection during the above period and has yet to receive a Notice of Decision by November 30 should contact the RVD's Customer Service Officer at enquiries@rvd.gov.hk or 2150 8833.

The spokesman said that any alterations in rateable values resulting from the review will take effect retrospectively from April 1 this year, and adjustments to the amount of rates and Government rent payable will be made in subsequent demands.

Ends/Friday, November 22, 2024
Issued at HKT 11:00

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