Advisory Briefing – Business Rates

Download this Advisory Briefing as a PDF.

Earlier this year The Scottish Parliament introduced new procedures concerning the collection of relevant information in connection with the valuation of non-domestic properties.

The initiative is part of an information gathering exercise the Assessors believe will provide useful evidence for the 2023 revaluation.

Failure to respond to an AIN could result in penalties of up to 71% of the Rateable Value of the property as detailed below.

  Stage 1 Stage 2 Stage 3

Period from Information

Notice being served

28 days

70 days

84 days
Penalty for non-return of information notice
(penalties are cumulative)

The greater of £200 or 1% of RV

The greater of £1,000 or 20% of
RV
The greater of £1,000 or 50% of
RV
Penalty if lands and heritages are not yet entered in the
Valuation Roll
£1,000 £10,000 £50,000

 

It is important to stress that the AIN process and associated fines became law in December 2020 and that any company in receipt of a request for information must respond within 28 days of receipt of the Assessor’s request.

In addition, the council must be notified of any change of occupier of a property within 42 days.

For more information about an AIN you have received, or about any Business Rates query you might have, please contact:

NORTH: Jonathan Young    NATIONAL: Brian Rees

 

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