Draft rateable values have now been published. They are still drafts, but they will provide an indicator of what we can expect. It doesn’t look like good news for many.
Some rateable values appear to have gone up between 100 and 200%. Have you checked yours?
Go to www.saa.gov.uk and enter your postcode, select your property. This will bring up your current value. Click ‘more information’ on right hand side of page, then click on the ‘proposed values 2017’.
If your rateable value is over £15,000, you will not be eligible for the Small Business Bonus Scheme.
The Association of Scotland’s Self-Caterers will support the sector to make sure that rateable values are fair, and that businesses are not compromised by the proposed changes.
Please can you help us to support the industry by answering the following questions and emailing them to Eleanor at administrator@assc.co.uk:
Name
Address
Telephone
Email address
Address of self-catering property
Are you a Member of the ASSC?
What is the % increase of your draft rateable value?
Do you think this is fair?
Have you benefited from the Small Business Bonus Scheme in the past?
Are you now valued above the Small Business Bonus Scheme criteria?
Are you considering appealing?
Any other comments
Small Business Bonus Scheme 2017-18
Based on the total rateable value (RV) of all your business premises, the following reliefs are proposed:
For more information including the Draft Budget Document Parliamentary Statement, News Release, LG Finance Circular and a Business Rates Calculator, please go to the Members area.