Business rates

Rates charge

The basis of the non domestic rates charge is the net annual value placed on the property by the Assessor who operates independently of the Council. This rateable value is an estimate of the rent at which the property might reasonably be expected to be let from year to year.

Your 2023/24 rates bill will be calculated using the current rateable value  multiplied by the appropriate poundage.

The rateable value is multiplied by the poundage to produce the rates payable.

The following Poundages are for all rateable values:

2024 to 2025

Properties with rateable values up to £51,000 the poundage is 49.8p
Properties with rateable values between £51,001 and £100,000 the poundage is 54.5p
Properties with rateable values greater than £100,000 the poundage is 55.9p

How we calculate your bill

You pay rates based on a proportion of your rateable value. This percentage is set annually by Scottish Government and is called the poundage.

To calculate the rates bill for each property, we multiply the rateable value of your property by the “poundage” which is sometimes referred to as the “multiplier”. For example, a property with a rateable value of £65,000 which is not due relief, will be liable for a rates bill of £35,425.00 for the financial year 2024/25 (£65,000 x 54.5 pence).