Key proposed changes to the current policy
No remission for gold kiwifruit orchards (meaning planted vines and the license).
What we’re proposing
Gold kiwifruit orchards with planted vines and a G3 license may apply for a temporary remission of rates where the increase is above the citywide average. The remission would be for the portion of rates relating to the capital value component of the G3 licence in year one.
The proposed remission is 100% in year one (2022/2023) and two thirds in year two (2023/2024).
We recognise that changes to the way gold kiwifruit orchards are valued for rating purposes may see a significant increase in rates for these properties and want to ease the transition to the new rating valuation.
We are aware of a recent decision that rating valuations should not include the value of the gold kiwifruit license. For this reason, we are proposing the 100% remission in year one until the implications of the decision are better understood.