To calculate the exact amount requires a property’s gross rental value (GRV) as at 1 July 2021. This will be printed on your 2021-22 council rates notice.
You may be able to use the GRV on your 2020-21 rates notice to get an indication of your ESL charge in 2021-22, but please be aware that:
- GRVs are re-assessed every three to six years and are also updated when changes are made to a property. This could affect the valuation of your property from 1 July 2021;
- The calculated ESL charge may be an under-estimation if the property is a multi-unit residential building. This is because higher ESL charge thresholds apply for these properties depending on the number of units/tenancies.