Question reference: S6W-24111
- Asked by: Liz Smith, MSP for Mid Scotland and Fife, Scottish Conservative and Unionist Party
- Date lodged: 20 December 2023
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Current status: Answered by Tom Arthur on 18 January 2024
Question
To ask the Scottish Government what the (a) basic, (b) intermediate, and (c) higher business rate has been in each year since 1999-00 and what the business rate is for 2024-25.
Answer
Table 1 shows the Basic (poundage), Intermediate and Higher Property Rates since 1999-2000, including the rates for 2024-25 as announced in the Scottish Budget 2024-25.
Table 1:
Year | Basic Property Rate/ Poundage (pence) | Intermediate and Higher Property Rates/ Supplement (pence)* | Supplement Threshold (RV) |
1999-2000 | 48.0* | 0.9 | > £10,000 |
2000-01 | 44.8* | 1.0 | > £10,000 |
2001-02 | 45.0* | 2.0 | > £10,000 |
2002-03 | 45.8* | 2.0 | > £10,000 |
2003-04 | 47.8 | 0.6 | > £25,000 |
2004-05 | 48.8 | 0.3 | > £25,000 |
2005-06 | 46.1 | 0.45 | > £29,000 |
2006-07 | 44.9 | 0.4 | > £29,000 |
2007-08 | 44.1 | 0.3 | > £29,000 |
2008-09 | 45.8 | 0.4 | > £29,000 |
2009-10 | 48.1 | 0.4 | > £29,000 |
2010-11 | 40.7 | 0.7 | > £35,000 |
2011-12 | 42.6 | 0.7 | > £35,000 |
2012-13 | 45.0 | 0.8 | > £35,000 |
2013-14 | 46.2 | 0.9 | > £35,000 |
2014-15 | 47.1 | 1.1 | > £35,000 |
2015-16 | 48.0 | 1.3 | > £35,000 |
2016-17 | 48.4 | 2.6 | > £35,000 |
2017-18 | 46.6 | 2.6 | > £51,000 |
2018-19 | 48.0 | 2.6 | > £51,000 |
2019-20 | 49.0 | 2.6 | > £51,000 |
2020-21 | 49.8 | IPR: 51.1p
HPR: 52.4p | IPR Threshold: Between £51,001 and £95,000 HPR Threshold: >£95,000 |
2021-22 | 49.0 | IPR: 50.3p
HPR: 51.6p | IPR Threshold: Between £51,001 and £95,000 HPR Threshold: > £95,000 |
2022-23 | 49.8 | IPR: 51.1p
HPR: 52.4p | IPR Threshold: Between £51,001 and £95,000 HPR Threshold: > £95,000 |
2023-24 | 49.8 | IPR: 51.1p
HPR: 52.4p | IPR Threshold: Between £51,001 and £100,000 HPR Threshold: > £100,000 |
2024-25 | 49.8 | IPR: 54.5p
IPR: 55.9p | IPR Threshold: Between £51,001 and £100,000 HPR Threshold: > £100,000 |
*The Large Business Supplement was introduced in 2003-04. In the years prior to 2003-04 there were two poundages, one which applied to premises with rateable values that are less than £10,000, and another for those with an RV of £10,000 or more. The Intermediate and Higher Property Rates replaced the Large Business Supplement in April 2020.