Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

Call to bring forward business rates revaluation to avoid more “bombshell” rises

Ross Thomson
Ross Thomson

Finance Secretary Derek Mackay is facing calls to bring forward the next business rates revaluation to ensure firms are not hit again by “bombshell” rises.

Aberdeen South MP Ross Thomson and north-east MSP Bill Bowman said Holyrood ministers should follow the lead of Westminster and carry out the next assessment in 2021.

Huge rises in rateable values last year left many north and north-east businesses facing crippling bills.

The call for an earlier revaluation from the Scottish Conservatives follows a ruling at the Court of Session this month in which judges backed the Grampian Assessor’s view that the oil downturn did not represent a “material change of circumstances” affecting property values.

Mr Thomson said: “The chancellor’s announcement in the Spring Statement to bring forward the next revaluation in England from 2022 to 2021 has been broadly welcomed.

“A shorter valuation period should help to avoid the kind of massive changes in bills that companies experienced last year.

“If the system had been more responsive to the changes in the local economy, there may not have been such enormous, sudden increases.

“There is still work to be done to reform the business rates system.

“However, one step in the right direction for the finance secretary would be to follow the lead of the chancellor and bring forward the next revaluation in Scotland.

“That would go some way to avoiding the bombshell situation that companies across the north-east were faced with when the 2017 bills landed.”

Mr Mason added that it would be “stubborn foolishness” not to bring the revaluation in line with the rest of the UK.

However, a Scottish Government spokesman said a new timetable had already been agreed.

“The Scottish Government has already confirmed it will move to three yearly revaluations from 2022, and remains committed to maintaining a competitive non-domestic rates regime for businesses in Scotland,” he said.

“We provide the most competitive rates relief in the UK, worth around £720million, including the targeted measures for businesses in Aberdeen and Aberdeenshire, and the Small Business Bonus Scheme, which alone lifts 100,000 properties out of rates altogether.

“Under the Community Empowerment Act 2015 councils have the flexibility to create their own local rate relief schemes, should they choose to do so.”