Charges, valuations and appeals

Charges and valuations

Business rates are calculated by multiplying the rateable value of your property by the national poundage rate.

The table below shows the National Poundage Rates for 2016/17 and the new 2017/18 rates.

 

2016/17

2017/18

Poundage Rate

48.4p

46.6p

Large Business Supplement

2.6p for properties with RV over £35k

2.6p for properties with RV over £51k

Estimate your rates

The Scottish Government's Business Rates Calculator gives you an indication of your rates bill based on the information that you give. However, any calculated figures provided are only estimates.

Rateable value

The Scottish Assessors give all Non-Domestic properties in Scotland a Rateable Value and are entered on the Valuation Roll. Each entry in the Roll includes the names of the proprietor, tenant and occupier as appropriate, the Net Annual Value which has been set by the Assessor and the Rateable Value.

Business Rates have been revalued this year and further information on how your rateable value has been set can be found on the Scottish Assessors Website.

A revaluation of Business Rates should take place by the Assessors every five years.  There was a revaluation due to happen in 2015; however legislation was passed to postpone this until 2017.

Why is a revaluation required?

The key purpose of revaluation is to update Rateable Values of Non-Domestic properties to reflect more up to date rental levels.

This provides for a closer, fairer link between property values and the amount of rates paid by individual ratepayers

Business rates is a tax on any property that is not used for domestic purposes.

Reductions for Business Rates

There are a number of types of reduction and relief available for Business Rates, please see our Money off business rates page for more information.