Question reference: S6W-24117
- 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 estimates will be raised by the intermediate property rate in (a) 2024-25, and (b) in each year since its introduction, broken down by industry sector.
Answer
The Intermediate Property Rate (IPR) was introduced from 1 April 2020. The IPR applied to properties with a rateable value above £51,000, up to £95,000 until 31 March 2023, and to properties with a rateable value above £51,000 and up to £100,000 from 1 April 2023. In 2020-2021 and 2022-2023, and 2023-2024 the IPR was charged at 51.1p, in 2021-2022 this was 50.3p, and in 2024-2025 it will increase in line with inflation to 54.5p.
Table 1 shows the total estimated gross income since 2020-2021. This is the total gross bill (net of General Revaluation Transitional Relief in 2023-2024 and 2024-2025) charged to properties with a rateable value between £51,001 and £95,000 up to 2022-2023, and between £51,001 and £100,000 from 2023-2024 onwards, as noted above. These figures are broken down by property class; 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. The Scottish Government does not hold property-level data on industry sectors.
Figures are based on the Scottish Assessors’ Valuation Roll as at 1 October in each financial year, for 2024-2025 this is based on the Valuation Roll of 1 October 2023. Figures are gross of all reliefs, except for the General Revaluation Transitional Relief in 2023-2024 and 2024-2025. Figures are rounded to the nearest £100,000.
Table 1: Estimated gross IPR income (£) since 2020-2021 (after General Revaluation Transitional Relief in 2023-2024 and 2024-2025)
Property class | 2020-2021 (at 51.1p) | 2021-2022 (at 50.3p) | 2022-2023 (at 51.1p) | 2023-2024 (at 51.1p) | 2024-2025 (at 54.5p) |
Shops | 73,900,000 | 73,500,000 | 76,000,000 | 76,900,000 | 81,500,000 |
Public houses | 14,000,000 | 13,700,000 | 14,100,000 | 14,400,000 | 15,500,000 |
Offices | 58,500,000 | 57,400,000 | 59,100,000 | 62,700,000 | 66,900,000 |
Hotels | 12,300,000 | 12,100,000 | 12,300,000 | 13,400,000 | 14,600,000 |
Industrial subjects | 71,000,000 | 69,600,000 | 71,800,000 | 85,800,000 | 92,000,000 |
Leisure, entertainment, caravans etc. | 13,900,000 | 13,800,000 | 14,300,000 | 16,500,000 | 17,900,000 |
Garages and petrol stations | 5,600,000 | 5,400,000 | 5,200,000 | 6,500,000 | 7,100,000 |
Cultural | 2,600,000 | 2,300,000 | 2,500,000 | 2,800,000 | 3,000,000 |
Sporting subjects | 600,000 | 500,000 | 600,000 | 1,500,000 | 1,600,000 |
Education and training | 26,300,000 | 25,400,000 | 25,700,000 | 27,300,000 | 29,100,000 |
Public service subjects | 17,000,000 | 16,000,000 | 16,200,000 | 17,600,000 | 18,700,000 |
Communications | 900,000 | 1,100,000 | 800,000 | 1,300,000 | 1,400,000 |
Quarries, mines, etc. | 1,500,000 | 1,200,000 | 1,100,000 | 1,600,000 | 1,800,000 |
Petrochemical | 300,000 | 300,000 | 300,000 | 400,000 | 400,000 |
Religious | 2,400,000 | 2,400,000 | 2,600,000 | 3,000,000 | 3,200,000 |
Health and medical | 8,200,000 | 7,900,000 | 8,100,000 | 9,400,000 | 10,000,000 |
Other | 5,800,000 | 6,200,000 | 6,200,000 | 6,000,000 | 6,500,000 |
Care facilities | 16,700,000 | 16,600,000 | 16,900,000 | 18,500,000 | 19,500,000 |
Advertising | 400,000 | 500,000 | 500,000 | 500,000 | 500,000 |
Statutory undertaking | 4,300,000 | 4,300,000 | 4,500,000 | 5,200,000 | 5,700,000 |
All properties | 336,100,000 | 330,100,000 | 338,700,000 | 371,300,000 | 396,900,000 |