RICS APC: Local Taxation

LocationMarylebone, Central London

This evening class prepares you for the Royal Institution of Chartered Surveyors' (RICS) assessment of professional competence (APC), focusing on local taxation.

It will provide an overview with practical examples of the major elements of handling rating instructions including understanding the hereditament, calculating rateable values, understanding phasing and other reliefs, and changes that are happening to local taxation. We will cover important matters that often arise at the APC.

Who is this course for?

This course is suitable for you if you are undertaking the RICS APC final assessment on commercial property, planning and development, and valuation pathways.

The course is also for you if you already have a working understanding in the subject area but would like to undertake formal continuing professional development, refreshing or enhancing your skills.

Course content

The course will provide you with a technical, professional and practical outlook on the subject matter. It will support those undertaking the local taxation, valuation, landlord and tenant, and property management competencies of the APC.

You will gain an understanding of:

  • constituents of a hereditament
  • how rateable values are calculated
  • different methods of valuation including comparable, receipts and expenditure, and contractors test
  • how rates bills are calculated including transitional and other reliefs
  • the effect on improvements and works of alteration
  • recent case law
  • how to appeal assessments
  • the RICS Rating code of practice

Teaching and learning methods

The course will be delivered using a formal lecture approach and give you the opportunity to interact using questions and answers throughout.

We will use a wide variety of learning methods and techniques including:

  • sharing experiences with colleagues
  • case studies
  • debate and discussion
  • presentation
  • self-directed reading and research
  • reflection
  • evaluation

By the end of this course you will:

  • understand what constitutes a hereditament
  • be aware of different methods of calculating rateable value
  • understand phasing calculations
  • be aware of the process of rating appeals

The knowledge and understanding gained from this course will help you demonstrate both a technical understanding and practical appreciation of how the topic matter is used in the surveying profession.

The programme counts for two hours of formal continuing professional development. A certificate of attendance will be available after the course.