Non-domestic rates revaluation 2023 in Scotland
This publication shows the changes in rateable values as a result of the 2023 revaluation, and the resulting changes in gross non-domestic rates bills charged on non-domestic properties.
New supplementary tables were released on 5 July 2023. These can be found in the Supporting documents section.
Summary
This publication shows the changes in rateable values as a result of the 2023 revaluation, and the resulting changes in gross non-domestic rates bills charged on non-domestic properties. These changes are summarised in Figure 1.
The 2023 revaluation updates rateable values in the 2017 valuation roll, which came into force on 1 April 2017. The rateable values in place from 1 April 2023 are based on the notional market rental values as at 1 April 2022 (the tone date). The tone date for the 2017 revaluation was 1 April 2015.
Rateable values are determined by the independent Scottish Assessors.
At revaluation, the total rateable value increased by £390 million or 5.36%, compared to the rateable value before revaluation took effect. The total gross bill increased by £127 million or 3.37%, after adjustment for the general revaluation transitional relief.
These figures relate to all properties present on the valuation roll either at revaluation or immediately before revaluation. They include not just properties for which the only change is due to revaluation itself, but also those added to and removed from the valuation roll at revaluation, and those which saw a change to the core description at revaluation.
Figure 1: Summary of changes to rateable values and gross bills at revaluation
The median rateable value increased by £450. Before the 2023 revaluation, half of non-domestic properties had a rateable value below £5,250. After revaluation, the median rateable value was £5,700. This relates to the 254,777 properties which remained on the valuation roll without a change in core description.
The rateable value increased for 137,891 properties, which saw an average increase of £5,842. For 59,538 properties where the rateable value decreased, the average decrease was £7,333.
Shops, public houses, and restaurants saw a decrease in their overall rateable value. Petrochemicals, quarries, mines, and sporting subjects had the highest proportional increases, while statutory undertakings and industrial properties contributed most to the overall increase.
Additions and removals account for a net £16 million of the total increase in rateable value, relating to 1,394 properties added, and 328 properties removed. The core description changed for 2,365 properties, increasing the total rateable value by £6 million.
The total gross non-domestic rates bill increased by 3.37% as a result of revaluation. This is lower than the increase in rateable value due to the general revaluation transitional relief. In addition to the gross bills of shops, public houses, and restaurants, the gross bill for hotels decreased despite a slight increase in rateable value of hotels.
Additional information is available in the following sections of this publication, and in the accompanying tables.
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