Business rates powers in Scotland are devolved to Holyrood. However, we are aware that may ratepayers in Scotland will also have properties in England.
The Conservative Party manifesto may therefore have far reaching consequences for those ratepayers in the event UK voters have them remain in office at the forthcoming Generla Election.
As a recent article in Property Week pointed out:
"The part pledged to implement more frequent revaluations to avoide large hikes in bills, explore self-assessment and conduct a 'full review' of the system to modernise and simplify it.
But the promise that it would simplify the system was met with scepticism by experts, who said the system had become more complex under the Conservative government."
The full article can be found at:
As we mentioned. business rates are a devolved issue. The Scotland, the Barclay Review of business rates system is well underway with its findings expected to be published in July thsu year.
Further information can be found in our News Section article of 7 April 2017.
No matter the findings of the Review, in Scotland, Appeals must be lodged by 30 September 2017. Failure to submit an appeal by that date will lead to a loss of the right to challenge the new assessment, potentially resulting in excessive rates bills until 2022 at the earliest.
businesstratesadvice.com would be pleased to advise further in respect of any rates queries or concerns you may have. Please get in touch with us to ensure your interests are adequately protected.