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Rating and Valuation Department issues requisition forms
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     The Rating and Valuation Department (RVD) today (August 14) sent out about 350 000 requisition forms asking payers of rates and/or Government rent (payers) to provide occupation particulars, rents and tenancy details for different types of properties.

     "The rental information collected will be used in a new round of general revaluation to reflect the latest market rental level of properties. The new rateable values will take effect on April 1, 2026," an RVD spokesman said.

     "Whether their property is vacant, let or owner-occupied, payers should return the completed requisition form to the RVD within 21 calendar days from the date of issue. They can complete and submit an electronic form (Form e-R1A) by using the Electronic Submission of Forms service provided on the RVD website. The website also provides answers to commonly asked questions on completing the form. If they have difficulties in returning the forms within the specified period, they must apply to the RVD in writing for an extension of time before the end of the specified period and should state their reasons," he said.

     Under the Rating Ordinance or the Government Rent (Assessment and Collection) Ordinance, any person who knowingly makes a false statement or refuses to furnish any of the particulars specified in the form commits an offence and shall be liable on conviction to a maximum fine of $25,000 or $10,000 respectively and an additional fine equivalent to three times the amount of rates and/or Government rent undercharged.

     Payers are reminded to pay sufficient postage if they return the forms by post to ensure timely postal delivery. Underpaid mail items will not be accepted by the RVD.
 
Ends/Thursday, August 14, 2025
Issued at HKT 11:00
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