Rates for construction and buildings - Revision history

Designing Buildings at 07:25, 21 October 2020

2020-10-21T07:25:32Z

← Older revision		Revision as of 07:25, 21 October 2020
Line 39:		Line 39:
	* Unit rates basis of payment.		* Unit rates basis of payment.

−	[[Category:~~Standards_/_measurements~~]] [[Category:~~DCN_Standard~~]] [[Category:Taxation]] [[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Standards_/_measurements]] [[Category:Taxation]] [[Category:Cost_/_business_planning]]

Editor at 18:22, 23 September 2019

2019-09-23T18:22:12Z

← Older revision		Revision as of 18:22, 23 September 2019
Line 34:		Line 34:
	* Internal rate of return for property development.		* Internal rate of return for property development.
	* Rate relief schemes for small business.		* Rate relief schemes for small business.
		+	* Rateable value.
	* Target emission rate TER.		* Target emission rate TER.
	* Unit rate.		* Unit rate.
	* Unit rates basis of payment.		* Unit rates basis of payment.

−	[[Category:Standards_/_measurements]] [[Category:Taxation]] [[Category:Cost_/_business_planning]]	+	[[Category:Standards_/_measurements]] [[Category:DCN_Standard]] [[Category:Taxation]] [[Category:Cost_/_business_planning]]

Designing Buildings: moved Rates to Rates for construction and buildings

2018-10-05T09:17:09Z

moved Rates to Rates for construction and buildings

← Older revision

Revision as of 09:17, 5 October 2018

Designing Buildings at 09:13, 5 October 2018

2018-10-05T09:13:27Z

← Older revision		Revision as of 09:13, 5 October 2018
Line 1:		Line 1:
−	The term ‘rates’ is most commonly used to refer to a type of property tax in the United Kingdom that ~~are~~ used to fund local government.	+	The term ‘rates’ is most commonly used to refer to a type of property tax in the United Kingdom that is used to fund local government.

−	Historically, rates were established by the Poor Law Act 1601, with rates on residential properties based on ~~the~~ nominal rental value. This was ~~reassessed~~ in revaluations which were held periodically. These rates were abolished in England, Scotland and Wales in 1990 and replaced, first with the widely-unpopular Community Charge (or ‘poll tax’) and then the council tax. ~~As opposed to~~ the poll tax, in which a fixed tax was set for everyone within a council area, the council tax is based on the estimated market value of property set ~~out~~ in bands of incremental value.	+	Historically, rates were established by the Poor Law Act 1601, with rates on residential properties based on their nominal rental value. This was assessed in revaluations which were held periodically. These rates were abolished in England, Scotland and Wales in 1990 and replaced, first with the widely-unpopular Community Charge (or ‘poll tax’) and then the council tax. Unlike the poll tax, in which a fixed tax was set for everyone within a council area, the council tax is based on the estimated market value of property set in bands of incremental value.

	Domestic rates remain the form of local government taxation in Northern Ireland and consist of a regional rate (set by the Northern Ireland Assembly) and the district rate (set by district councils).		Domestic rates remain the form of local government taxation in Northern Ireland and consist of a regional rate (set by the Northern Ireland Assembly) and the district rate (set by district councils).

−	Business rates are a local tax paid by the occupiers of non-domestic property in England and Wales. Business rates are calculated and collected by local authorities. They are put in a central pool and then redistributed back to local authorities to help to pay for local services. For more information, see Business rates.	+	Business rates are a local tax paid by the occupiers of non-domestic property in England and Wales. Business rates are calculated and collected by local authorities. They are put in a central pool and then redistributed back to local authorities to help pay for local services. For more information, see Business rates.

	The term ‘rates’ has many other applications in construction.		The term ‘rates’ has many other applications in construction.
Line 18:		Line 18:

	‘…the monetary rate applied to an element, sub-element or component per unit of measurement (e.g. cost per m, cost per m2 and cost per m3).		‘…the monetary rate applied to an element, sub-element or component per unit of measurement (e.g. cost per m, cost per m2 and cost per m3).
−
−	The target CO2 emission rate (TER) sets a minimum allowable standard for the energy performance of a building and is defined by the annual CO2 emissions of a notional building of same type, size and shape to the proposed building.

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Editor at 15:19, 4 October 2018

2018-10-04T15:19:26Z

← Older revision		Revision as of 15:19, 4 October 2018
Line 27:		Line 27:
	* Compound Annual Growth Rate (CAGR).		* Compound Annual Growth Rate (CAGR).
	* Cost per functional unit.		* Cost per functional unit.
		+	* Council tax.
	* Dwelling emission rate DER.		* Dwelling emission rate DER.
	* Element unit rate.		* Element unit rate.

Editor: Created page with "The term ‘rates’ is most commonly used to refer to a type of property tax in the United Kingdom that are used to fund local government. Historically, rates were established ..."

2018-10-04T15:18:53Z

Created page with "The term ‘rates’ is most commonly used to refer to a type of property tax in the United Kingdom that are used to fund local government. Historically, rates were established ..."

New page

The term ‘rates’ is most commonly used to refer to a type of property tax in the United Kingdom that are used to fund local government.

Historically, rates were established by the Poor Law Act 1601, with rates on residential properties based on the nominal rental value. This was reassessed in revaluations which were held periodically. These rates were abolished in England, Scotland and Wales in 1990 and replaced, first with the widely-unpopular Community Charge (or ‘poll tax’) and then the council tax. As opposed to the poll tax, in which a fixed tax was set for everyone within a council area, the council tax is based on the estimated market value of property set out in bands of incremental value.

Domestic rates remain the form of local government taxation in Northern Ireland and consist of a regional rate (set by the Northern Ireland Assembly) and the district rate (set by district councils).

Business rates are a local tax paid by the occupiers of non-domestic property in England and Wales. Business rates are calculated and collected by local authorities. They are put in a central pool and then redistributed back to local authorities to help to pay for local services. For more information, see Business rates.

The term ‘rates’ has many other applications in construction.

The term ‘hourly rate’ refers to the amount of remuneration a worker receives for each hour that they work.

This often informs a schedule of rates. In its most simple form, a schedule of rates can be a list in a contract setting out the staff, labour and plant hire rates the contractor will use for pricing cost reimbursable instructed daywork. However, on a much larger scale, a 'schedule of rates term contract', 'term contract' or 'measured term contract' may be used when the nature of work required is known but it cannot be quantified, or if continuity of programme cannot be determined.

For more information, see Schedule of rates.

According to NRM1: Order of cost estimating and cost planning for capital building work, the term ‘unit rate(s)’ means:

‘…the monetary rate applied to an element, sub-element or component per unit of measurement (e.g. cost per m, cost per m2 and cost per m3).

The target CO2 emission rate (TER) sets a minimum allowable standard for the energy performance of a building and is defined by the annual CO2 emissions of a notional building of same type, size and shape to the proposed building.

= Related articles on Designing Buildings Wiki =

* Air change rates.
* Charge-out rate.
* Compound Annual Growth Rate (CAGR).
* Cost per functional unit.
* Dwelling emission rate DER.
* Element unit rate.
* Fees.
* Functional unit of buildings.
* Heating plant emission rate.
* Hourly rate.
* Internal rate of return for property development.
* Rate relief schemes for small business.
* Target emission rate TER.
* Unit rate.
* Unit rates basis of payment.

[[Category:Standards_/_measurements]] [[Category:Taxation]] [[Category:Cost_/_business_planning]]