Time is Running Out

Time is Running Out and it’s not too Late!!

Earlier in the year we told you about the business rates revaluation which took effect in April.

The Scottish Assessors Association had published provisional values with finalised figures due before the start of the new financial year. These figures are available on-line at www.saa.gov.uk

We have been advised it’s important to check them as they will not be revalued again until 2022.

We know that many of our Crieff businesses weren’t affected. We also know that for some, the revaluation had an adverse-affect. However, from the 1st April until 30th September 2017, there has been a six-month window of opportunity when you can lodge an appeal. As well as appealing against the revaluation, there are a number of other things that can be done to reduce your rates liability.

The Scottish Government announced from 1st April 2017 there would also be a change in the Small Business Bonus Scheme. 100% relief will now be available to properties with a rateable value of £ 15,000, up from the previous limit of £ 10,000.

For more details about the changes, follow the link 2017 Business Rates Revaluation – its not too late!

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