A major project to revalue 40,000 homes across the Island starts later this month.
Treasury will ask January Tynwald for funding to carry out the revaluation, based on existing capital values data.
The move was announced last month by the chief minister who described the timetable as 'extremely tight'.
The review of the Island's domestic housing stock is due to finish in just over a year's time, with full implementation of the new rates in April 2016.
Allan Bell says the rating system is in need of an overhaul - but there will be winner and losers when the new rates are set:
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