The Courier & Advertiser (Fife Edition)

Landlords urged not to miss business rates appeal deadline

-

Scottish landlords and businesses are being urged to not miss the deadline to appeal rateable values.

Businesses in Scotland have just six months to appeal the rating revaluatio­n that came in at the start of April.

The controvers­ial rate setting saw businesses in some sectors and areas see double-digit rises.

As the deadline approaches on September 30, experts at Colliers Internatio­nal have expressed how important it is to ensure the value placed on a property is correct.

John Webber, head of rating at Colliers, said: “Reform of some aspects of the business rates system in Scotland is expected to be soon.

“Ratepayers, therefore, need to stay alert to changes as they happen and ensure that their interests are protected.

“Lodging appeals now will ensure that any potential validity issues can be resolved – but only just in time.”

The Barclay Review panel recently recommende­d a move to a three-year revaluatio­n cycle with a ‘tone date’ one year prior to the beginning of the revaluatio­n.

The Scottish Government is now looking into implementi­ng this change.

However, Mr Webber added: “Even three-yearly valuation cycles would not go far enough to address specific, localised issues.

“Businesses therefore must not delay in appealing.”

Newspapers in English

Newspapers from United Kingdom