What's the difference between ratable and rateable?
Ratable
Definition:
(a.) Capable of being rated, or set at a certain value.
(a.) Liable to, or subjected by law to, taxation; as, ratable estate.
(a.) Made at a proportionate rate; as, ratable payments.
Example Sentences:
Rateable
Definition:
(a.) See Ratable.
Example Sentences:
(1) So far, so bad – plus, I share some sympathy with the view that the Uber rating system, which sees both driver and passenger mark each other out of five at the end of the journey, reduces a human moment to a rateable transaction.
(2) Under the proposal, large retail outlets with a rateable value in excess of £500,000 would have to pay an extra business levy of up to 8.5%.
(3) A £1,000 business rates discount this year for pubs with a rateable value of less than £100,000, which the chancellor said would cover 90% of Britain’s pubs.
(4) I can announce it will be extended so that, for 2010-11, empty commercial properties with a rateable value below £18,000 will be exempt from business rates.
(5) Although 36,000 pubs have a rateable value of less than £100,000, pubs that are part of chains such as Wetherspoons will have their discount restricted due to EU state-aid laws.
(6) The chancellor said that 90% of all pubs had a rateable value of less than £100,000.
(7) Philip Hammond announced in the budget on Wednesday that pubs with a rateable value of less than £100,000 would receive a £1,000 discount on their business rates bill this year.
(8) He also increased a discount for high street businesses with a rateable value up to £50,000, including shops, pubs and cafes, to £1,500 from £1,000 at present.
(9) He continued the current scheme which exempts businesses with a rateable value of £6,000 and then offers tapered relief for those valued up to £12,000.
(10) Rateable values are set independently by the Valuation Office Agency, which uses a widely accepted method to assess NHS hospitals.
(11) He also said the government needed to come up with a “fair” way of determining the appropriate rateable value for “sheds masquerading as shops”.
(12) If digital businesses pay their fair share, we can reset tax burden on those businesses that are based in properties.” The Society of Independent Brewers said: “The £1,000 reduction in business rates for pubs with a rateable value below £100,000 is welcome support for the sector, although much more needs to be done.
(13) It found there are just under 40,000 properties in England described as public houses and 3,700 of these have a rateable value of more than £100,000, meaning they do not qualify for the discount.
(14) Pubs will received a £1,000 discount on their rates provided they have a rateable value of less than £100,000 (the Treasury says this is roughly 90% of all pubs).
(15) Patients who showed enhanced 5-HT induced aggregation showed less rateable psychopathology and less extrapyramidal side-effects than patients who did not show enhancement.
(16) Occupants of England’s 50 most valuable business premises, with a total rateable value of £1.36bn, will be charged a combined sum of £672m, according to calculations by the rates campaigner Paul Turner-Mitchell.
(17) A spokesperson said: “Increases in rateable values [of the hospitals] and the liabilities [tax bill] are largely due to a hike in building costs and tender prices for new hospitals, part removal of age and obsolescence allowances for hospital buildings built in the 60s and 70s, a removal of multi-floor allowances, the inclusion of multi-storey car parks, and long stay exemptions for patients sectioned under the Mental Health Act and for those patients whose length of stay exceeds 60 days.” However, local authorities, which receive around half of the revenues raised from business rates , defended taxing hospitals and pledged to fight attempts for them to be re-registered as charities.
(18) The levy will only apply to businesses whose rateable property value is worth more than £50,000.