Business Rates Update

June 30, 2017

Aberdeen City Council has finally approved a £4.2 million local package of business rates relief to limit the impact of the 2017 Rates Revaluation on hard-pressed businesses within the City. Currently, the Scottish Government transitional relief scheme applies only to the hospitality sector and offices in Aberdeen City and Aberdeenshire. The additional local package will extend the 14.75% cap on increases in rates payable to all other property types – this will be particularly welcomed by occupiers of large industrial premises in the City where the recent Revaluation has typically resulted in RV increases of c. 40%. It is not yet clear exactly how this scheme will be administered and whether there will be any limits or restrictions on the amount of relief available to individual properties or businesses; however, it appears likely at this stage that an application will require to be submitted in order to claim this relief. Further details will be issued as and when they become available.

For further information, or any general queries in relation to the 2017 Revaluation contact:

The Business Rates Team at FG Burnett on 01224 572661

Scott Strachan, Head of Business Rates and Taxation –scott.strachan@fgburnett.co.uk

Moira Gordon, Associate, Business Rates and Taxation – moira.gordon@fgburnett.co.uk

 

FG Burnett FG Burnett @FGBurnett Processing Facility with Retail Unit For Sale/May Let. For further info please contact lisa.cowie@fgburnett.co.uk 0… https://t.co/AHkhnPXq3B 19 hours ago
FG Burnett FG Burnett @FGBurnett Opportunities to occupy New Build Landmark Pavilions. Closing Date set for Burns Pavilion 12 noon Friday 11 Februar… https://t.co/UUMTx6nkwg 2 days ago
FG Burnett FG Burnett @FGBurnett New to the market - Open Plan Suite with Car Parking To Let. For info please contact lisa.cowie@fgburnett.co.uk 012… https://t.co/UJ65iMNInJ 2 weeks ago
FG Burnett FG Burnett @FGBurnett New to the market - Open Plan Suite with Car Parking To Let. For info please contact lisa.cowie@fgburnett.co.uk 012… https://t.co/Cqy06Cn7yI 2 weeks ago
FG Burnett FG Burnett @FGBurnett New to the market – Fully Fitted Office Suite with Parking To Let. For info please contact graeme.nisbet@fgburnett.… https://t.co/BMVsMDjw1p 2 weeks ago
FG Burnett FG Burnett @FGBurnett TO LET - ground floor retail/office unit on a prominent corner location in the West End of Aberdeen. Suitable for v… https://t.co/omooxvU0hB 2 weeks ago
FG Burnett FG Burnett @FGBurnett The team at FG Burnett wish you all a Merry Christmas and a healthy and prosperous New Year. #christmaswisheshttps://t.co/HpthlwQmU5 5 weeks ago
FG Burnett FG Burnett @FGBurnett City Centre Retail Unit with Prominent Corner Location To Let. For info please contact daniel.mitchell@fgburnett.co… https://t.co/Xe0zEjpADG 5 weeks ago
FG Burnett FG Burnett @FGBurnett Ground Floor Retail Property To Let/May Sell. For further info please contact daniel.mitchell@fgburnett.co.uk 01224… https://t.co/R1okA6DLK6 6 weeks ago
FG Burnett FG Burnett @FGBurnett 3 Storey Office To Let. Available as a whole or separately. For further info please contact graeme.nisbet@fgburnett… https://t.co/Sy5uxXgyeh 7 weeks ago
FG Burnett FG Burnett @FGBurnett Our Building Surveyors braving the snow in East Kilbride. #commercialproperty #scotland #buildingconsultancyhttps://t.co/R8yFVvieYJ 7 weeks ago
FG Burnett FG Burnett @FGBurnett Grade A Office Building with Car Parking To Let. For further info please contact lisa.cowie@fgburnett.co.uk 01224 5… https://t.co/ipqKl16eYB 8 weeks ago