Regulation 5B Relief granted – financial year 2025-2026F1
(1)
In relation to the financial year 2025-2026, 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 | 33.3% |
| More than £120,000 but not exceeding £240,000 | 16.7% |
| More than £240,000 but not exceeding £480,000 | 8.3% |
| More than £480,000 but not exceeding £1,200,000 | 3.3% |
| More than £1,200,000 but not exceeding £2,400,000 | 1.7% |
| More than £2,400,000 | 0.8% |
(2)
The amount of relief calculated under paragraph (1) is to be applied before the calculation of any other relief.
Annotations
Textual amendments
- F1
Regs. 5A, 5B inserted (1.4.2024) by The Non-Domestic Rates (Levying and Miscellaneous Amendment) (Scotland) Regulations 2024 (S.S.I. 2024/4), regs. 1, 10(5)