GENERAL VALUATION ROLL: (GV 2019).
The Newcastle Municipality is undertaking a General Valuation Roll (GV 2019) which will be implemented with effect from 01 July 2019. The GV 2019 Roll property values shall be valid for the period 01 July 2019 to June 2024.
In terms of the Municipal Properties Rates Act, Act no.6 of 2004, as amended , all properties are valued on a market value basis (what a willing buyer shall pay to a willing seller).The valuation is based as at the fixed date. This means that the values are based on sales information as at 02 July 2018, which is one year before the date of implementation. The GV 2019 implementation date is 01 July 2019.
Section 49 notices shall also be sent to each ratepayers advising of the valuation and rating category on the property. The notice also informs the property owner to exercise his/her rights and lodge an objection where the owner is not happy with the property information that appears on the valuation roll.
Objection Centres advising the owner of where the objections may be lodged are also stipulated in the section 49 notices. Objections may be submitted online on the website address: https://eservicesapp.evaluations.co.za/newcastle
Objections may be lodged during the period 25 February 2019 and 12 April 2019 (closing at 15:00 on 12 April 2019). No late objections shall be accommodated.