Rating Manual - Volume 4 - Section 7 : Appendix 3 : The Contractor’s Basis : Prescribed Decap Rate

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Volume 4 - Section 7 : Appendix 3 : The Contractor’s Basis : Prescribed Decap Rate

The following table contains the prescribed decapitalisation rates for England and for Wales.

Enabling Regulation

Applicable in

Applicable to

Rate Applicable to Hospitals and Educational Hereditaments (& Defence Hereditaments After 1/4/00)

Rate Applicable to all other Hereditaments

1989 No. 2303

England & Wales

1990 Rating List

4%

6%

1994 No. 3122

England & Wales

1995 Rating List

3.67%

5.5%

2000 No. 532

England

2000 Rating List

3.67%

5.5%

2000 No. 908 (W. 39)

Wales

2000 Rating List

3.67%

5.5%

2004 No.1494

England

2005 & 2010 Rating Lists

3.33%

5%

2004 No.1000 (W. 106)

Wales

2005 Rating List

3.3%

5%

2008 No. 2997 (W. 262)

Wales

2010 rating List

*2.97%

4.5%

* In Wales only, the lower decap rate of 2.97% also applies to public conveniences for the purposes of the 2010 Rating List.

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