Scottish Borders

Revaluation 2005 

The 2005 revaluation of all non- domestic properties comes into effect in Scotland, England and Wales on 1 April 2005.

The rateable value 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 at 1 April 2003.

Scottish Borders Council Revenues & Benefits Department will be issuing bills based on the new values around the middle of April.

General information on non-domestic (business) rates, including transitional arrangements, small business rates relief scheme and rural rate relief/exemptions is available on the Scottish Executive website by using the link below.

The rateable value fixed 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.