Question reference: S6W-05177
- Asked by: Liz Smith, MSP for Mid Scotland and Fife, Scottish Conservative and Unionist Party
- Date lodged: 16 December 2021
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Current status: Answered by Tom Arthur on 13 January 2022
Question
To ask the Scottish Government what the (a) business and (b) higher rate poundage (i) has been in each year since 1999-2000 and (ii) would be in 2022-23 under the proposals in its Budget.
Answer
The following table shows the poundage, property rate supplements, and property rate thresholds (rateable value) for each year from 1999-2000 to 2022-2023:
Table 1: Poundage and Property Rate Supplements
Year | Poundage (pence) | Large Business Supplement (pence) | Large Business Supplement Threshold (rateable value) |
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** | Intermediate Property Rate : 51.1p (Poundage + 1.3p)
Higher Property Rate : 52.4p (Poundage + 2.6p) | Intermediate Property Rate Threshold : Between £51,001 and £95,000
Higher Property Rate Threshold : > £95,000 |
2021-22 | 49.0 | Intermediate Property Rate : 50.3p (Poundage + 1.3p)
Higher Property Rate : 51.6p (Poundage + 2.6p) | Intermediate Property Rate Threshold : Between £51,001 and £95,000
Higher Property Rate Threshold : > £95,000 |
2022-23 | 49.8 | Intermediate Property Rate : 51.1p (Poundage + 1.3p)
Higher Property Rate : 52.4p (Poundage + 2.6p) | Intermediate Property Rate Threshold : Between £51,001 and £95,000
Higher Property Rate Threshold : > £95,000 |
* 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.
** In 2020-21 the Scottish Government introduced a universal 1.6% relief, effectively freezing the poundage at 2019-20 levels.