BUSINESS RATES

2023 REVALUATION IN SCOTLAND

Business Rates are the non-domestic rates paid for the right to occupy commercial property and are often the second largest property cost after rent. The next non-domestic rates revaluation in Scotland will take effect in 2023, based on a Tone (valuation) Date of 1 April 2022.

BUSINESS RATES ADVISORY SERVICES
- Rates Proposals & Appeals
- Rating Relief Applications
- Rates Portfolio Management
- Complete Forms & Check Bills
- Leveraging Changing Circumstances
- Rates Mitigation Strategy
2023 REVALUATION TIMELINE IN SCOTLAND

30 Nov 2022
Draft Valuation Roll & Draft Valuation Notices

1 Jan 2023
Abolition of Valuation Appeal Committees, replaced by Scottish Tribunals

1 April 2023
Revised RV’s in force via publication of Valuation Roll

1 April to 31 July (draft)
Alternative Value Proposal submission window

There has been a radical overhaul of Rating legislation. Revaluations will move to 3-yearly with a 1-year antecedent tone date.

The current business rates appeal system is proposed to be replaced with a 2-tier detailed proposal and then an appeal process in a very short timeframe. Legislation will also restrict other categories of appeal, including Material Change of Circumstances and Error appeals.

HOW CAN WE HELP?
Ryden’s rating team has the expertise to represent businesses in ensuring all rateable values are fair and reasonable and can liaise with the Assessors. We will answer any business rates query and advise on rates relief and mitigation.