Richmond to discount rates for its pensioners

2015-07-02 08:07
Andrew Ragavaloo

Andrew Ragavaloo (Jonathan Burton)

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IS your retirement beckoning in the next seven years?

Move to Richmond and have a break from paying property rates when you turn 70, says Richmond mayor Andrew Ragavaloo.

This as the municipality announced it is introducing a property rates break for its elder citizens.

People aged 70 years old and above will not pay any property rates, but there are conditions.

“We have been checking our rates against those of other municipalities and we have discovered that we have the lowest rates in the province,” said Ragavaloo.

Ragavaloo was addressing a mainly elderly audience gathered at the Richmond Agricultural Hall in ward 1 on Monday afternoon.

It was welcome news for the audience that had just endured a brutal water billing crisis meeting.

“This is not a proposal. This is in our laws that the older people of Richmond should get a break. You have been paying for your services and your taxes and we believe you too should get a break,” he said.

The benefits will begin when “you or your partner turn 60 years old”, he said.

He said at 60 years old, a couple who own a R500 000 home will only be charged rates only on R450 000 of the value of the house.

“To access these benefits you must have been a ratepayer in Richmond for at least seven years.

“You will also get this benefit on only one of your properties.

“If you have 10 properties, you will get this benefit on only one of them which is your primary residence,” he said.

He said those seeking this benefit will have to come to the municipality and apply

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