Difference between Rateable and Taxable

What is the difference between Rateable and Taxable?

Rateable as an adjective is liable to the payment of rates while Taxable as an adjective is subject to taxation.

Rateable

Part of speech: adjective

Definition: liable to the payment of rates

Taxable

Part of speech: adjective

Definition: subject to taxation.

We hope you now know whether to use Rateable or Taxable in your sentence.

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