Business Rates Newsletter April 2021

Welcome to our April Newsletter with updated comment on the Scottish Rating system and news on Appeals and Rates Relief. Fortunately, light is appearing at the end of a dark tunnel since our previous edition. The Scottish Government announced details of the further relaxation of restrictions across Scotland. From Monday 26 April, hospitality venues such…

Business Rates Newsletter – September 2020
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Business Rates Newsletter – September 2020

Rating Revaluation 2022 Postponed! The First Minister announced that the next Revaluation due in 2022 has been cancelled. There has been no explanation and this contradicts the recommendations made in the Barclay Review of the Scottish Rating system – which was instigated by the Scottish Government. The below is an extract from the First Ministers…

Coronavirus Business Support Fund – Urgent Update

Coronavirus Business Support Fund – Urgent Update

A ratepayer can apply online for a £10,000 Small Business Support Grant or the £25,000 Retail, Hospitality and Leisure Support Grant. Applications close at 5pm on Friday 10 July 2020. The original scheme has now been extended and now also covers additional categories: I outline the various changes below; Ratepayers with multiple business properties meeting the qualifying criteria are eligible…

Confused About Business Rates? Are You Entitled To Relief?

Confused About Business Rates? Are You Entitled To Relief?

Business Rates, also known as Non-Domestic Rates, are a tax on non-domestic properties to help pay for local Council Services. Each year the amount you pay in Business Rates will be increased by inflation. The current Business Rates Revaluation took place as from 1st April 2017 and the new Rateable Values will remain in effect…

Tim Bunker

Tim Bunker

Rating Consultant Tim has almost 40 years’ experience in valuation, rating and rent reviews on all types of Commercial property throughout Scotland. He began his career in the Assessors Department before moving into private practice acting on varied clients behalf in carrying out Rating appeals. Subsequent to the Revaluation, he carried out rent reviews and…