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Will businesses in Camps Bay be treated differently to residents, and if so how?

Written by 0vdge on . Posted in FAQResi.

If established, the additional rates levy will be mandatory on all business properties that fall within the area of the CID, as well as all residential properties. The City refers to business, or commercial properties, as ’non-residential’ properties. Non-residential properties will pay a higher rate in the rand when compared to residential properties. Residential properties will pay R87.69 per R1m of municipal valuation, while non-residential properties will pay R162.44 per R1m of municipal valuation.