RATES

Rates

Rates are a type of property tax system in the United Kingdom, and in places with systems deriving from the British one, the proceeds of which are used to fund local government. Some other countries have taxes with a more or less comparable role, for example France's taxe d'habitation.

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rates

Noun

  1. (British or Australian) Taxes, usually on property, levelled by local government.


The above text is a snippet from Wiktionary: rates
and as such is available under the Creative Commons Attribution/Share-Alike License.

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