Question reference: S6W-26098
- Date lodged: 13 March 2024
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Current status: Answered by Tom Arthur on 20 March 2024
Question
To ask the Scottish Government what the savings will be in 2024-25 as a result of the decision to freeze the Basic Property Rate, broken down by industry sector.
Answer
Table 1 presents the estimated gross savings to ratepayers, after General Revaluation Transitional Relief is applied, for properties with a rateable value of up to and including £51,000, resulting from the Scottish Government freezing the Basic Property Rate at 49.8p in 2024-2025, compared to uprating in line with September 2023’s measure of CPI, which would have resulted in a Basic Property Rate of 53.1p. The figures are not adjusted for any other relief. 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 valuation roll as at 30 March 2023, 1 April 2023, and 1 January 2024.
Figures in this table are rounded to the nearest £1,000, and may not sum due to rounding.
Table 1: Estimated gross savings to ratepayers due to freezing the Basic Property Rate, 2024-2025
Property class | Estimated gross savings (£) |
Shops | 16,697,000 |
Public houses and restaurants | 1,842,000 |
Offices | 10,962,000 |
Hotels | 1,325,000 |
Industrial subjects | 13,595,000 |
Leisure and entertainment | 3,443,000 |
Garages and petrol stations | 1,018,000 |
Cultural | 440,000 |
Sporting subjects | 733,000 |
Education and training | 960,000 |
Public service subjects | 2,690,000 |
Communications | 88,000 |
Quarries, mines, etc. | 114,000 |
Petrochemical | 31,000 |
Religious | 1,581,000 |
Health and medical | 1,189,000 |
Other | 1,723,000 |
Care facilities | 1,306,000 |
Advertising | 221,000 |
Statutory undertaking | 404,000 |
All | 60,362,000 |