Posted on January 11, 2023 The City of Cape Town is completing the new 2022 General Valuation Roll for which the new rates and taxes for your property, will come into effect on 1 July 2022. Cape Town owners are likely to receive notices during February 2022 of the new valuation (market value) of their properties. According to the City “The 2022 General Valuation Roll (GV2022) objection period will commence on the 21 February 2023.” The objection period will close on 30^th April 2023 The general valuations will be based on market values as of 1 July 2022 i.e. the date of valuation used to determine the value of your property. Property owners will have the right to object to the new valuations, but the process is not as simple as some people may think. The objection process is as follows:

• A dissatisfied property owner can lodge an objection within 30 days of the date of notice, although municipalities do allow for a longer period;
• If a value is reduced / increased by more than 10%, the value must then be reviewed by the appeal board;
• If the outcome of the objection is not satisfactory, the owner can appeal to the appeal board within 30 days of the decision notice;
• An appeal board hearing will be held at which the owner or appointed property valuer can provide oral evidence and cross-examine the municipal valuation official. The owner or appointed property valuer needs to ensure the appeal application is well-prepared with appropriate motivation.

Our company and associates have been directly involved in municipal objections and appeals over some 40 years, with exceptional results. We represent property owners in most sectors of the market including residential, commercial, industrial and specialised valuations in the leisure, educational and fuel industry. We can therefore assist you with the valuation for the objection and appeal process. It is extremely important that you ensure that you follow procedures and adhere to the timelines as no late objections will be accepted. Objections need to be motivated and frivolous objections are likely to be rejected. General Valuation Roll for 2022 (GV2022) Upcoming GV2022 Valuation Roll The City is currently valuing properties for the 2022 General Valuations Roll. Objection and viewing of the GV2022 roll will commence on the 21 February 2023. The city is currently valuing properties for the 2022 General Valuation Roll (GV2022). The GV2022 Valuation Roll will be certified by the City’s Municipal Valuer on the 31 January 2023. The date of valuation for the GV2022 is 1 July 2022.  The results of GV2022, including the new municipal rates payable by property owners, will be implemented on 1 July 2023. If you disagree with GV2022 valuation for your property provided by the City, you will be afforded an opportunity to submit an objection during the GV2022 objection period which will commence on the 21 February 2023. Source:https://www.capetown.gov.za/work and business/commercial-properties/property-valuations/general-and-supplementary-valuations