Pietermaritzburg Chamber of Business
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IMPORTANT NOTICE FOR PCB MEMBERS - RATES
The Property Valuation Roll is currently open for inspection at various municipal offices and on Msunduzi’s website. The closing date for objections is the 29th April 2014. I have been approached by a number of property owners, who are concerned about the exorbitant increase in the valuation of their commercial properties.
I am worried about the fact that businesses are only now receiving written notification of their valuations, and that many business owners are away on holiday, and may not return in time to object. Putting together an objection is also time consuming, because the objection needs to be based on comparable sales, market related rental income and owners will, no doubt, want to compare the valuations of similar comparable premises in their areas. The valuation roll lists owner’s surnames in alphabetical order, so it is difficult to access this information from the roll. In view of this, I have written to the Municipal Manager requesting that consideration be given to extending the deadline for objections.
If you are concerned about your property valuation, the following is the process that needs to be followed in order to object:
• The attached form needs to be completed, signed and submitted by the property owner and must relate to a specific individual property;
• The original form must be completed in full and submitted by 16h00 on 29th April 2014 – incomplete forms will not be processed, so please get assistance from the relevant municipal staff if you are unsure about anything on the form;
• The objector MUST provide a motivation for the objection (based on comparable data) and must contend a valuation figure that he/she believes is more accurate;
• Any alterations must be signed;
• A stamped acknowledgement of receipt should be obtained from the municipality when the completed form is submitted, as proof of submission.
Once an objection is received by the municipality, it is referred to the Municipal Valuator, who will consider the objection and respond to the property owner within a reasonable time. The valuation may be adjusted, alternatively reasons should be provided as to why the valuation cannot be adjusted. If you unhappy with the decision, an appeal may be submitted to the Valuation Appeals Board, which is a tribunal appointed by the Provincial Government.
The property valuations are what ultimately determine your rates liability. Obviously a significant increase in property value as well as a percentage increase in the rate randage (even if it is CPI related) will result in a significantly higher liability. The Chamber has withheld comment on the proposed rates increase until such time as we are able to determine what effect the re-valuations will have. In order for me to accurately represent you, please let me know your thoughts. I look forward to hearing from you.
Melanie Veness, PCB CEO
EMPLOYMENT TAX INCENTIVE
B-BBEE CODES - EXTENSION OF THE TRANSITIONAL PERIOD
To view the Government Gazette on the extension of the transitional period to April 2015, of the new B-BBEE Codes click here.
NOTICE TO ALL EMPLOYERS FROM THE COMPENSATION FUND
The deadline for the submission of the 2013 Return of Earnings has been extended to the 31 May 2014. Please note that the 2013 assessment period will be opened for transacting on the ROE website from 1 April 2014. For more information go to your nearest Labour Centre or Provincial Office or call 031 366 2093/2097/2033.
The PCB recently erected the first member sign on the gate of our largest member, Hulamin. PCB CEO Melanie Veness is pictured with Nomaswazi Kanyile and Hector Molale (both from Hulamin). We have appointed some young people to deliver the signs to all of our paid up members, so please expect a visit in the next while.
The Pietermaritzburg Chamber of Business (PCB) was constituted in August 2002 following unity negotiations among three former business organisations – the Pietermaritzburgse Sakekamer, the Midlands Black Business Chamber and the Pietermaritzburg Chamber of Commerce and Industries. In forming a new chamber of commerce and industry, the unifying bodies agreed to forego their independent identities. Following the unification, the PCB was afforded the recognition of the local and provincial governments as the representative of the business community in Pietermaritzburg.