Calculation of tax for different valuation bands by local precepting authority8

1

The amounts to be stated in accordance with regulation 7(4)(a) for a relevant financial year in respect of dwellings listed in a particular valuation band shall be calculated by applying the formula—

A × N Dmath

where—

  • A is the amount calculated by the local precepting authority for the relevant financial year under section 52ZX(5);

  • N is the number which, in the proportion set out in section 5(1), is applicable to dwellings listed in that valuation band; and

  • D is the number which, in that proportion, is applicable to dwellings listed in valuation band D.

2

The amounts to be stated in accordance with regulation 7(4)(b) for a relevant financial year for dwellings listed in a particular valuation band shall be calculated by applying the formula—

S × N Dmath
  • where—

  • S is the amount produced by applying section 52ZX to the substitute calculations made in relation to the relevant financial year and the authority under section 52ZL; and

  • N and D have the same meaning as in paragraph (1).