Rates

Consultation has concluded

Ngā reiti

We are proposing to increase average rates by 3.9 percent in 2019/20.

The Council is planning to collect $325 million (GST exclusive) of rates during 2019/20. This figure reflects our efforts to manage the city's finances efficiently and prudently.


Who pays rates?

Whether you rent, own a home, or a business in Wellington, you'l be paying rates.

If you rent, your landlord pays the rates on the property you live in. If you own the property, you pay rates directly to Wellington City Council.

Your contribution helps us deliver services and pay for the borrowings used to pay for big projects across Wellington.

Image displays that whether you live in a single apartment, student flat or family home or own a business you pay rates to either your landlord or directly to Wellington City Council. Rates help fund things that happen within Wellington City.

The dotted line indicates rent that is paid to the landlord who pays rates, and the filled in line indicates that rates are paid directly to Wellington City.

To find your property and rates information visit our property search.


Ngā reiti

We are proposing to increase average rates by 3.9 percent in 2019/20.

The Council is planning to collect $325 million (GST exclusive) of rates during 2019/20. This figure reflects our efforts to manage the city's finances efficiently and prudently.


Who pays rates?

Whether you rent, own a home, or a business in Wellington, you'l be paying rates.

If you rent, your landlord pays the rates on the property you live in. If you own the property, you pay rates directly to Wellington City Council.

Your contribution helps us deliver services and pay for the borrowings used to pay for big projects across Wellington.

Image displays that whether you live in a single apartment, student flat or family home or own a business you pay rates to either your landlord or directly to Wellington City Council. Rates help fund things that happen within Wellington City.

The dotted line indicates rent that is paid to the landlord who pays rates, and the filled in line indicates that rates are paid directly to Wellington City.

To find your property and rates information visit our property search.


Consultation has concluded
  • Rates remission

    by Fiona@WCC, 6 months ago

    We are proposing to amend the wording of the remission of targeted rates on property under development or earthquake-strengthening. This is to allow for rates remission on an identifiable part of a property which is under development or earthquake-strengthening. The current wording of the policy has the potential to incentivise property owners to vacate the entire property where part of that property is under development or earthquake-strengthening. The amendment to the policy is proposed to allow property owners to remain in the habitable portion of their property while still eligible for a rates remission on the portion of the...

    We are proposing to amend the wording of the remission of targeted rates on property under development or earthquake-strengthening. This is to allow for rates remission on an identifiable part of a property which is under development or earthquake-strengthening. The current wording of the policy has the potential to incentivise property owners to vacate the entire property where part of that property is under development or earthquake-strengthening. The amendment to the policy is proposed to allow property owners to remain in the habitable portion of their property while still eligible for a rates remission on the portion of the property that is under development or earthquake-strengthening.

    Below is an excerpt from the current policy with the proposed changes highlighted.

    Remission statement

    The Council may remit part or all of the commercial sector targeted rate, Business Improvement District targeted rate and downtown targeted rates on land classified under the Council’s ‘Commercial, Industrial and Business’ differential as defined within our Funding Impact Statement Rating Mechanisms, where the property is deemed to be ‘not fit for purpose’ due to the property being under development or due to the existing building being earthquake-strengthened.

    The Council may remit part or all of the ‘Base’ sector targeted rate on land classified under the Council’s ‘Base’ differential (including residential) as defined within our Funding Impact Statement Rating Mechanisms, where the property is deemed to be ‘not fit for purpose’ due to earthquake-strengthening.

    Policy objectives

    To provide rates relief for property temporarily not fit for purpose due to the property undergoing development or earthquake-strengthening and therefore not receiving the benefits derived by contributing to the commercial, residential or downtown targeted rates.

    Conditions and criteria

    To enable the remission statement above, ‘not fit for purpose’ is defined in this policy as where:

    i. the property (rating unit), or an identifiable part of the property, will not hold sufficient consents to permit occupation; and

    ii. the property (rating unit), or an identifiable part of the property, will not be used for any purpose, apart from the construction of buildings, premises or associated works, or earthquake-strengthening works; and

    iii. the property (rating unit), or an identifiable part of the property, will not generate any revenue stream.

    iv. the remission will be granted on a pro-rata basis for the identifiable part of the property to which the above criteria (i – iii) apply, for the purpose of the remission this will be calculated based on the portion of the total floor area of the rating unit which is deemed ‘not fit for purpose’.

    v. The above criteria apply to, and must be met by, an entire rating unit as identified in the Council’s rating information database (RID), or a clearly identifiable portion of the rating unit, and apply only for the period the building is not ‘fit for purpose’.


  • Rates differential

    by Fiona@WCC, 6 months ago

    Proposal to adjust the general rates differential

    The average rates increase for existing ratepayers in 2019/20 is 3.9 percent. However, the forecast increase varies between each property rating category. All rating units (or part thereof) are classified, for the purposes of general rates, as either ‘Commercial, Industrial and Business’ or ‘Base’ (‘Base’ includes residential).

    We currently apply a rates differential for the ‘Commercial, Industrial and Business’ rating category of 2.8 times the rate per dollar of capital value payable by the ‘Base’ rating category. In setting the level of the differential we consider the requirements of the Local Government Act...

    Proposal to adjust the general rates differential

    The average rates increase for existing ratepayers in 2019/20 is 3.9 percent. However, the forecast increase varies between each property rating category. All rating units (or part thereof) are classified, for the purposes of general rates, as either ‘Commercial, Industrial and Business’ or ‘Base’ (‘Base’ includes residential).

    We currently apply a rates differential for the ‘Commercial, Industrial and Business’ rating category of 2.8 times the rate per dollar of capital value payable by the ‘Base’ rating category. In setting the level of the differential we consider the requirements of the Local Government Act and a number of factors which can be found in our Revenue and Financing Policy on our website.

    It is proposed that the general rates differential be adjusted from 2.8:1 to 3.25:1 to ensure the rates for 2019/20 continue to be paid in the same proportion by each differential rating category.

    In simple terms, this currently means that commercial property owners contribute 44 percent of total rates revenue in 2018/19 in comparison to ‘Base’ contributing 56 percent. Due to the change in the relative Rateable Values (which does not necessarily change the relative ability to pay) changing the general rate differential to 3.25:1 will maintain this ratio at 44 percent ‘Commercial’ to 56 percent ‘Base’.