Business rates discounts
Rates relief is available to businesses that newly occupy property within specified enterprise areas. This relief is continuing until 31 March 2022.
To qualify, these businesses must carry out pre-determined activities within specific sectors in fixed geographic boundaries as set out below:
- Inverness Campus - Life Science Enterprise Area
- Scrabster - Low Carbon Renewables North Enterprise
Rateable value - percentage of rates relief from:
- £120,000 or less - 100 per cent
- More than £120,000 but not exceeding £240,000 - 50 per cent
- More than £240,000 but not exceeding £480,000 - 25 per cent
- More than £480,000 but not exceeding £1,200,000 - 10 per cent
- More than £1,200,000 but not exceeding £2,400,000 - 5 per cent
- More than £2,400,000 - 2.5 per cent
Further information on the scheme is available on the Scottish Government's website.