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Rates Revaluation 2017: Applying for Rate Cap Relief

Created: March 22, 2017
Posted in: Guidance, Industry News, Legislation, Representation, Self-catering Industry

The Non-Domestic Rates (Transitional Relief) (Scotland) Regulations 2017 This is the Statutory Instrument, which was approved on 16 March and comes into effect on 1 April.  Rate-payers will have to apply for the 12.5% rate cap. The scheme is a Transitional Relief Scheme so there will be a calculation done to determine if the Ratepayer […]

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Rates Revaluation 2017: Parking Spaces & Additional Elements

Created: March 22, 2017
Posted in: Guidance, Industry News, Representation, Self-catering Industry, Uncategorized

Where a property comprises a series of different elements (e.g. self-catering unit with separate parking, offices where the only access to each one is across a common corridor etc), the Assessor will have considered whether or not each element comprises a single subject.  Single subjects are considered mainly from a geographical perspective to determine what […]

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2017 Rates Revaluation and How to Appeal

Created: February 8, 2017
Posted in: Guidance, Industry News, Representation, Uncategorized

The rateable value (RV) of a non-domestic property: Approximates to the rent payable on standard full repairing and insuring terms, in other words the notional rent that a third party would pay an owner to run the self-catering business. Is fixed according to the level of values that prevailed on 1 April 2015. Reflects the […]

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New and Updated Guidance Sheets

Created: April 23, 2016
Posted in: Business, Guidance, Member Benefits, Regulations

Our library of Guidance Sheets is currently being updated and a new sheet on Regulations has been added.  The Regulations Guidance Sheet is intended to raise awareness on important safety checks, and to point members towards the relevant information.  It is a summary of regulations and safety checks that holiday home owners should be aware of, including […]

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