Rates rebates increase by R203 million
11 September 2018
The City is happy to report that the total package for rates assistance has increased by R203 million to approximately R1,4 billion in the 2017/18 financial year.
This increase can be linked to the City programmes that publicise and encourage registration for indigent benefits; rates rebates for senior citizens and disabled persons; and the introduction of an additional R50 rates rebate for properties valued between R400 001 and R750 000.
‘In our efforts to facilitate the growth of a world-class city, we must be mindful of the challenging economic circumstances faced by many of our communities.
‘As such, the City provides rates rebates to those most in need as part of our commitment to supporting the most vulnerable in society, alleviating poverty, and enabling a more integrated and equal society,’ said the City’s Mayoral Committee Member for Finance, Cllr Johan van der Merwe.
Municipal property rates rebates are broken down as follows:
- Exemptions for religious and other organisations - R153 538 669
- Rebates on the first R200 000 of a property’s value – R911 456 042
- Rebates for senior citizens and disabled persons – R108 110 259
- Rebates to agriculture – R83 124 913
- Rebates to public benefit/non-profit/sports organisations – R78 380 976
- Rebates to land reform beneficiaries – R2 003 898
- Indigent rebates – R7 046 367
- Additional R50 rebate for properties valued between R400 001 and R750 000 – R87 374 300
Residents who are eligible for municipal property rates rebates can apply at any of the City’s walk-in centre, or download the relevant forms from www.capetown.gov.za.
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