Grampian
Valuation Roll
The current Valuation Roll came into force on 1 April 2005 at the Revaluation and contains details of all non domestic property in the Grampian area (Aberdeen, Aberdeenshire and Moray) including property description, names etc of owners and occupiers, together with the Net Annual Value (NAV) and Rateable Value (RV) fixed by the Assessor. The NAV is determined by the Assessor (who is independent of both local and central government) and is his estimate of the annual rent, which the property would command on the open market. For most properties the RV is the same as the NAV. The purpose of Revaluation is to update rateable values to more up-to- date rental levels. This creates a closer, fairer link between modern property values and the amount of rates paid by individual ratepayers.
There are two principal factors which contribute to the rates bill received by every non-domestic ratepayer; the rateable value of the property and the non-domestic rate (or rate poundage) fixed by the Scottish Government. In addition actual liability will vary depending on other factors such as transitional arrangements, charitable and vacant property reliefs etc.
For detailed guidance on levy and collection etc matters you should contact the relevant council Finance Department (see links below). The following information however may be of assistance to you.
For 2005/2006 the then Scottish Executive announced a rate poundage of 46.1p to be applied to all properties with a rateable value of £29,000 or less. For properties with RV more than £29,000 a supplementary rate of 0.45p was also applied. For 2006/2007 the figures were 44.9p and 0.40p. For 2007/2008 the rates are 44.1p and 0.3p.
Rates Relief will be given under the Small Business Rates Relief Scheme for subjects with a rateable value of £11,500 or less. This is based on the total rateable value of all subjects occupied by the ratepayer. The Relief will vary between 5% and 50% dependent on the level of RV.
Transitional arrangements, which are a simplified version of those in place at the 2000 Revaluation, will apply for 3 years where increases in rates bills are above 12.5% (in real terms). Where reductions in bills are greater than 10% (in real terms), the savings will also be phased in over 3 years. All ratepayers will pay their “true” rates bill in 2008/09.
Further information on the Scottish Government’s decisions in relation to rates bills can be found on the Local Government Finance website by using the link below.
The RV set in a year of Revaluation will remain effective until the next Revaluation (usually in five year’s time) but will be altered in the case of a successful appeal or if there is a material change of circumstances affecting the value of the property.
Statistical tables containing analysis of the Valuation Roll can be accessed from the Menu link to the Grampian Website opposite.
To contact your local Council Finance Department or a link to the Scottish Executive non domestic rates web page use the links below:
