Following the 2023 revaluation of Business Rates the Scottish Government introduced new legislation which offers a level of protection to businesses that have experienced the biggest increase in their rates bills.
This relief, where there is entitlement, will be automatically awarded to your Non-Domestic Rates account. No application is required.
The level of relief is determined by the rateable value prior to 31 March 2023 and the new rateable value from 1 April 2023. There will be limits on how much the gross charges can increase each year compared to what they were on 31st March 2023. Please note Transitional Relief is applied is based on the cumulative cap.
|
Rateable value |
2023/24 |
2024/25 |
2025/26 |
|---|---|---|---|
|
Small (up to £20,000) |
12.5% |
25% |
37.5% |
|
Medium (£20,001 to £100,000) |
25% |
50% |
75% |
|
Large (over £100,000) |
37.5% |
75% |
112.5% |