What are business rates?
Business rates explained
Known as non-domestic rates in Scotland, these are a tax paid on non-domestic properties by all businesses and companies to help pay for local services. The amount you pay is worked out by multiplying the business rates with the rateable value of the property your business occupies.
Do I need to pay business rates?
If you occupy a building – or part of one – that is non-residential, then you’ll likely be required to pay business rates.
Business rates are collected by your local council who keep a proportion of what is paid, and use it to fund the cost of local services.
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To discuss this further or if you have any questions, get in touch with your Relationship Manager or local Business Growth Enabler.
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