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Revaluation of rateable value

Assessors review rateable values every 3 years to reflect changes in the property market. This is called 'revaluation'.  

All non-domestic properties get a new rateable value at revaluation. This new rateable value is used to calculate your non-domestic rates bill. 

The last revaluation was on 1 April 2023. 

The next revaluation is in 2026. A new rateable value will apply to your property from 1 April 2026. The assessor will base this on an estimate of your property’s open market rental value on 1 April 2025 (the tone date).  

Getting a new rateable value at the 2026 revaluation   

The assessor will write to you about the revaluation of your property.  

You’ll get: 

  • an estimate of your new rateable value (a 'draft valuation notice') sent by your assessor on or before 30 November 2025
  • confirmation of your new rateable value (a 'valuation notice') sent by your assessor on or before 15 March 2026 – the new rateable value might be different from the estimate  

There’s more information about draft valuation notices on the Scottish Assessors Association website.

Your rateable value should stay the same until the next revaluation in 2026, unless there’s a material change to your property.   

If you think your draft valuation notice is wrong  

Contact your local assessor to explain why you think your estimated rateable value is wrong (called 'making representations'). For example, if there have been changes to your property that affect its rental value.  

You can find contact details for your assessor on the Scottish Assessors Association website or on your draft valuation notice. 

The assessor might adjust your rateable value because of the information you give them. 

If you think your valuation notice is wrong 

You can challenge your confirmed rateable value if you think it's wrong. 

You can challenge the rateable value set in the 2023 revaluation from 1 April 2023.  

Find more information about making a non-domestic rates proposal or appeal.

Revaluation Transitional Relief

The Revaluation Transitional Relief caps bill increases caused by the 2023 revaluation.

You do not need to apply for this relief.

Find out how much Revaluation Transitional Relief you will get.

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