Why have I received a Valuation Notice?
All non-domestic properties were revalued on 1 April 2023. This means that Assessors set a Net Annual and Rateable Value for all non-domestic properties in Scotland based on rental levels as at 1 April 2022.
The Assessor is required to issue a Revaluation Notice to the Proprietor, Tenant and Occupier named in the Valuation Roll. The Revaluation Notice that you have received shows the Net Annual Value and Rateable Value (NAV and RV) with effect from 1 April 2023. It is not a rates bill.
The Assessor must make further information available when a Valuation Notice is issued, please view the information here.
If any of the Proprietor, Tenant or Occupier names shown on the notice are incorrect, please make the necessary amendments here or contact the Assessor at the contact address shown on the notice.
Non-Domestic rates bills are sent by the relevant billing authority who will use the Rateable Value to arrive at the bill for the financial year 2023/24. Bills are calculated by multiplying the Rateable Value by a rate set by the Scottish Government known as the ‘poundage’. For more information on billing and reliefs click here.
If you think your value is incorrect, you can make a proposal to alter it. The deadline for making a proposal against a 2023 Revaluation Notice has been extended until 31 August 2023.