Your business rates may change this year – Are you aware?

Post Author:

Lea Brash

Date Posted:

February 13, 2017

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Business rates in Scotland.

The next Revaluation of all non-domestic properties is underway in England, Scotland and Wales.  This means that all properties are given a new rateable value and poundage in Scotland will be changed until the next Revaluation (likely to be in 5 years’ time).

If your business property is in Scotland, find and check your draft valuation now using the following rates calculator:

Rates Calculator

We expect figures to be firmed up and notices issued in March 2017.   The new rateable value will then become effective on the 1 April 2017 and parties with an interest in the property will have until 30 September 2017 to lodge any appeal.

If you need assistance looking at any financial part of your business, please get in touch on 0131 317 7377 and you will be put through to one of our team.