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.
2026 to 2027
For properties with rateable values:
- up to £51,000 the poundage is 48.1p
- between £51,001 and £100,000 the poundage is 53.5p
- greater than £100,000 the poundage is 54.8p
How we calculate your bill
You pay rates based on a proportion of your rateable value. This percentage is set annually by the 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 £36010.00 for the financial year 2025/26 (£65,000 x 55.4 pence).