With the effective date of 1 July fast approaching, the implementation of the General Valuation Roll (GVR), in terms of the Local Government: Municipal Property Rates Act, No. 6 of 2004, marks a key milestone in the municipal property rating cycle. We emphasise that this is not merely an administrative update, it is the foundation on which municipal property rates are determined. Valuations are based on market value at a specific date, ensuring a fair and transparent distribution of the rates burden across all properties.
Without a credible GVR, the equitable and consistent application of rates would not be possible, with direct implications for service delivery and local governance.
As this milestone approaches, we encourage property owners to familiarise themselves with the process. We believe that informed property owners are better positioned to ensure fairness.
