Question reference: S6W-24114
- 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 29 December 2023
Question
To ask the Scottish Government how much it anticipates will be raised from the higher property rate in 2024-25, broken down by industry and business sector.
Answer
Table 1 presents the total expected gross income from properties liable for the Higher Property Rate (HPR) at 55.9p, after the application of the General Revaluation Transitional Relief (TR), in 2024-2025. This reflects the total gross bill for properties with a rateable value above £100,000. This is broken down by property class, as the Scottish Government does not hold property-level data on industry sectors. Property class is a classification used by Scottish Assessors to describe the type of property, and does not necessarily accurately reflect the use of a property.
This table is based on the non-domestic valuation roll as at 1 October 2023.
Figures in this table are rounded to the nearest £100,000.
Table 1: Estimated gross income (£) from HPR after revaluation transitional relief in 2024-2025 by property class
Property class | Gross HPR income after TR (at 55.9p) |
Shops | 417,100,000 |
Public Houses | 17,600,000 |
Offices | 309,800,000 |
Hotels | 111,200,000 |
Industrial Subjects | 424,300,000 |
Leisure, Entertainment, Caravans etc. | 95,400,000 |
Garages and Petrol Stations | 17,400,000 |
Cultural | 19,200,000 |
Sporting Subjects | 7,700,000 |
Education and Training | 295,400,000 |
Public Service Subjects | 128,900,000 |
Communications | 14,200,000 |
Quarries, Mines, etc. | 5,200,000 |
Petrochemical | 73,600,000 |
Religious | 3,300,000 |
Health and Medical | 100,600,000 |
Other | 52,300,000 |
Care Facilities | 32,500,000 |
Advertising | 2,400,000 |
Statutory Undertaking | 578,300,000 |
All | 2,706,400,000 |