Advice to Property Owners on Rates and/or Government Rent Liability

The Rating and Valuation Department (“RVD”) has issued an article to advise licensees to remind their clients of the liabilities in rates and/or Government rent and change the payer’s particulars of the properties so as to protect the purchasers’ interest while handling property conveyance.

The RVD also introduces the eRVD Bill service for registered users to retrieve the electronic demand which is convenient and environmentally friendly and would like to remind tax payers on the implementation of progressive rating system for domestic tenements, with effect from the quarter of January to March 2025.

The EAA encourages licensees to refer to the RVD’s article by clicking here. For any further information or enquiries, please contact the RVD’s hotline at 2152 0111 or visit its website at https://www.rvd.gov.hk/en

(7 June 2024)