Rating and Valuation (Amendment) Bill: Proposed amendments to the Rating and Valuation Act 1953
Overview
Consultation update
Please note there were changes made within Appendix A (available on page 5 - Proposal 1: Removal of rates exemptions for dangerous or ruinous buildings) and Appendix B (available on page 7 - Proposal 3: Introducing a discount and potentially a cap on the rateable value of quarries) of this consultation.
If you have responded to this consultation before 7pm on 10 October and want to revise your answers due to the new information added, you can re-submit your response. There will be an additional page after page 8 - Proposal 4 that hosts a question if this is a re-submission. If so, we will need as much information about your previous answer, such as response ID and submission date, so that we can then cross-check submissions and remove duplicates.
If your views remain the same after reading the additional information, then no action is required.
The purpose of this consultation
The Treasury is consulting on four discrete proposals related to the payment of rates, as follows:
- A proposal allowing the removal of rates exemptions for dangerous or ruinous buildings to discourage long-term empty/problem properties by amending section 75A of the Rating and Valuation Act 1953
- A proposal removing the requirement that rebate schemes be funded by the Treasury in all cases to facilitate greater local flexibility by amending section 63A of the Rating and Valuation Act 1953
- A proposal introducing a discount and potentially a cap on the rateable value of quarries by amending Schedule 4 to the Rating and Valuation Act 1953 and inserting a new section 13A in this Act
- A proposal clarifying whether or not to charge rates on property owned by charitable organisations by amending section 74 of the Rating and Valuation Act 1953
Reasonable adjustments and alternative formats
The Treasury is committed to equal opportunities and our aim is to make our documents easy to use and accessible to all.
We will take steps to accommodate any reasonable adjustments and provide such assistance as you may reasonably require to enable you to access or reply to this consultation.
If you would like to receive this document in another format or need assistance with accessing or replying to this consultation, please email Treasuryconsultations@gov.im or telephone +44 1624 685980.
Responding to this consultation and questions
The consultation is relevant to all residents of the Isle of Man.
The closing date for responses is 31 October 2025.
To ensure that your opinion is considered, please proceed online by clicking ‘Online Survey’ on the consultation page on the Engagement Hub.
Alternatively, you may also submit responses by e-mail to Treasuryconsultations@gov.im or post to:
Treasury FGD Policy & Legislation Team,
Government Offices,
Bucks Road,
Douglas,
IM1 3PU
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