How business rates are calculated
Business rates are calculated by multiplying an estimate of annual rent a property could generate (rateable value) by a national non-domestic rate set by the Scottish Government.
The national non-domestic rate is currently 49p. Properties with a rateable value of over £51,000 pay an an additional 2.6p on top of the national non-domestic rate.
The Scottish Government's Business Rates Calculator gives an estimate of the business rates you'll pay.
The Scottish Government web site provides information on the following:-
- non-domestic (business) rates legislation
- general business rates guidance
- information of business rates appeals
- information on business rates relief's
- a business rates calculator
- the business rates roadmap and key dates to 2025 for changes
- a link to the Scottish Assessors Association Portal
- details of the Barclays review
Your rateable value
The Assessor for Dumfries and Galloway maintains a list (known as the Valuation Roll) of all business properties, their rateable values and details of owners/occupiers for this region.
New owners, tenants or occupiers may appeal within 6 months of acquiring an interest in a property and where the Assessor alters the Valuation Roll (by making a new entry or changing the value) the appeal must be lodged within 6 months of the date of the Valuation Notice.
Appeals may be lodged at any time on the grounds of error or in the event of a material change of circumstances:
Most appeals are settled amicably between the Assessor and the ratepayer or appointed agent. If a settlement can't be achieved then the appeal is heard by an independent Valuation Appeal Committee.