How are my Business Rates calculated?
Business Rates are worked out using the rateable value set by your local Assessor and the ‘Poundage Rate’ set by the Scottish Government.
There are 3 levels from 1 April 2020:
|Poundage Rate||49p (properties with RV up to 51k)||49.8p (properties with RV up to £51k)|
|Intermediate Propery Rate||N/A||
1.3p (properties with RV between £51,001 to £95k)
|Higher Property Rate||
2.6p (properties wiht RV over £51k)
2.6p (properties with RV over £95k)
The rateable value of a property is generally based on its estimated open market rental value on a specific date. If you are considering buying or leasing a commercial property you can view potential rates changes online.
What if I do not agree with my rateable value?
By law we must base your rates charges on the rateable value entered in the Valuation Roll. Any queries regarding the rateable value of your property should be referred by email to the Assessor [email protected]
Why has my Business Rates bill changed?
This may be due to an increase in the poundage rate. If you still need information on why your bill has changed please contact us.
How do I pay?
You can choose to pay in installments by direct debit or make the payment in full. Other payment methods are available, see the back of your bills for details.
Should I be paying less?
There are many ways in which your bill can be reduced, for example:
- Empty properties
- Organisations providing facilities for disabled persons
- Relief for non-profit making organisation
- Small Business Bonus Scheme
- Properties in “rural settlements”
- Transitional Relief
- Fresh Start Relief
- Business Growth Accelerator
- Day Nursery Relief
- Relief for Hydro Generation properties
I have heard that Scottish Borders Council have changed their bank account - do I need to do anything?
Our bank account is changing from April 2020. If you use home or telephone banking after that point you will need to use our new details:
- Royal Bank of Scotland
- Sort code: 83-26-34
- Account number: 00601166
If you pay by Direct Debit you don't have to do anything. If you pay by Standing Order you will need to amend this to pay to the bank account shown above.