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 following limits will apply to the increases in gross charges from the position as at 31 March 2023.
|
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% |
To be eligible for this relief, the property requires to have been shown in an entry on the valuation roll on both 31 March 2023 and 1 April 2023. Properties with a nil rateable value on 1 April 2023, or which had a nil rateable value on 31 March 2023 are not eligible.