Regulation 5 Relief grantedI1
Scotland
F1... Where the rateable value of lands and heritages falls within one of the ranges specified in the column headed “Rateable value” in the table below, the amount of rates payable is to be reduced by the percentage specified in the corresponding entry in the column headed “Percentage of rates relief”.
| Rateable value | Percentage of rates relief |
|---|---|
| £120,000 or less | 100% |
| More than £120,000 but not exceeding £240,000 | 50% |
| More than £240,000 but not exceeding £480,000 | 25% |
| More than £480,000 but not exceeding £1,200,000 | 10% |
| More than £1,200,000 but not exceeding £2,400,000 | 5% |
| More than £2,400,000 | 2.5% |
The amount of rate relief calculated under paragraph (1) is to be applied before the calculation of any other relief.
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Annotations
Textual amendments
- F1
Words in reg. 5(1) omitted (1.1.2021) by virtue of The Non-Domestic Rates (Restriction of Relief and Consequential Amendments) (Scotland) Regulations 2020 (S.S.I. 2020/391), regs. 1, 4(a)
- F2
Reg. 5(3) omitted (1.1.2021) by virtue of The Non-Domestic Rates (Restriction of Relief and Consequential Amendments) (Scotland) Regulations 2020 (S.S.I. 2020/391), regs. 1, 4(b)