Question
Untitled item
S6W-24117 · Written Question · lodged by Smith, Liz
Lodged on
20 Dec 2023Heard / answered on
29 Dec 2023To ask the Scottish Government how much it estimates will be raised by the intermediate property rate in (a) 2024-25, and (b) in each year since its introduction, broken down by industry sector.
The answer
The Intermediate Property Rate (IPR) was introduced from 1 April 2020. The IPR applied to properties with a rateable value above £51,000, up to £95,000 until 31 March 2023, and to properties with a rateable value above £51,000 and up to £100,000 from 1 April 2023. In 2020-2021 and 2022-2023, and 2023-2024 the IPR was charged at 51.1p, in 2021-2022 this was 50.3p, and in 2024-2025 it will increase in line with inflation to 54.5p.
Table 1 shows the total estimated gross income since 2020-2021. This is the total gross bill (net of General Revaluation Transitional Relief in 2023-2024 and 2024-2025) charged to properties with a rateable value between £51,001 and £95,000 up to 2022-2023, and between £51,001 and £100,000 from 2023-2024 onwards, as noted above. These figures are broken down by property class; 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. The Scottish Government does not hold property-level data on industry sectors.
Figures are based on the Scottish Assessors’ Valuation Roll as at 1 October in each financial year, for 2024-2025 this is based on the Valuation Roll of 1 October 2023. Figures are gross of all reliefs, except for the General Revaluation Transitional Relief in 2023-2024 and 2024-2025. Figures are rounded to the nearest £100,000.
Table 1: Estimated gross IPR income (£) since 2020-2021 (after General Revaluation Transitional Relief in 2023-2024 and 2024-2025)
Property class
2020-2021 (at 51.1p)
2021-2022 (at 50.3p)
2022-2023 (at 51.1p)
2023-2024 (at 51.1p)
2024-2025 (at 54.5p)
Shops
73,900,000
73,500,000
76,000,000
76,900,000
81,500,000
Public houses
14,000,000
13,700,000
14,100,000
14,400,000
15,500,000
Offices
58,500,000
57,400,000
59,100,000
62,700,000
66,900,000
Hotels
12,300,000
12,100,000
12,300,000
13,400,000
14,600,000
Industrial subjects
71,000,000
69,600,000
71,800,000
85,800,000
92,000,000
Leisure, entertainment, caravans etc.
13,900,000
13,800,000
14,300,000
16,500,000
17,900,000
Garages and petrol stations
5,600,000
5,400,000
5,200,000
6,500,000
7,100,000
Cultural
2,600,000
2,300,000
2,500,000
2,800,000
3,000,000
Sporting subjects
600,000
500,000
600,000
1,500,000
1,600,000
Education and training
26,300,000
25,400,000
25,700,000
27,300,000
29,100,000
Public service subjects
17,000,000
16,000,000
16,200,000
17,600,000
18,700,000
Communications
900,000
1,100,000
800,000
1,300,000
1,400,000
Quarries, mines, etc.
1,500,000
1,200,000
1,100,000
1,600,000
1,800,000
Petrochemical
300,000
300,000
300,000
400,000
400,000
Religious
2,400,000
2,400,000
2,600,000
3,000,000
3,200,000
Health and medical
8,200,000
7,900,000
8,100,000
9,400,000
10,000,000
Other
5,800,000
6,200,000
6,200,000
6,000,000
6,500,000
Care facilities
16,700,000
16,600,000
16,900,000
18,500,000
19,500,000
Advertising
400,000
500,000
500,000
500,000
500,000
Statutory undertaking
4,300,000
4,300,000
4,500,000
5,200,000
5,700,000
All properties
336,100,000
330,100,000
338,700,000
371,300,000
396,900,000
Table 1 shows the total estimated gross income since 2020-2021. This is the total gross bill (net of General Revaluation Transitional Relief in 2023-2024 and 2024-2025) charged to properties with a rateable value between £51,001 and £95,000 up to 2022-2023, and between £51,001 and £100,000 from 2023-2024 onwards, as noted above. These figures are broken down by property class; 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. The Scottish Government does not hold property-level data on industry sectors.
Figures are based on the Scottish Assessors’ Valuation Roll as at 1 October in each financial year, for 2024-2025 this is based on the Valuation Roll of 1 October 2023. Figures are gross of all reliefs, except for the General Revaluation Transitional Relief in 2023-2024 and 2024-2025. Figures are rounded to the nearest £100,000.
Table 1: Estimated gross IPR income (£) since 2020-2021 (after General Revaluation Transitional Relief in 2023-2024 and 2024-2025)
Property class
2020-2021 (at 51.1p)
2021-2022 (at 50.3p)
2022-2023 (at 51.1p)
2023-2024 (at 51.1p)
2024-2025 (at 54.5p)
Shops
73,900,000
73,500,000
76,000,000
76,900,000
81,500,000
Public houses
14,000,000
13,700,000
14,100,000
14,400,000
15,500,000
Offices
58,500,000
57,400,000
59,100,000
62,700,000
66,900,000
Hotels
12,300,000
12,100,000
12,300,000
13,400,000
14,600,000
Industrial subjects
71,000,000
69,600,000
71,800,000
85,800,000
92,000,000
Leisure, entertainment, caravans etc.
13,900,000
13,800,000
14,300,000
16,500,000
17,900,000
Garages and petrol stations
5,600,000
5,400,000
5,200,000
6,500,000
7,100,000
Cultural
2,600,000
2,300,000
2,500,000
2,800,000
3,000,000
Sporting subjects
600,000
500,000
600,000
1,500,000
1,600,000
Education and training
26,300,000
25,400,000
25,700,000
27,300,000
29,100,000
Public service subjects
17,000,000
16,000,000
16,200,000
17,600,000
18,700,000
Communications
900,000
1,100,000
800,000
1,300,000
1,400,000
Quarries, mines, etc.
1,500,000
1,200,000
1,100,000
1,600,000
1,800,000
Petrochemical
300,000
300,000
300,000
400,000
400,000
Religious
2,400,000
2,400,000
2,600,000
3,000,000
3,200,000
Health and medical
8,200,000
7,900,000
8,100,000
9,400,000
10,000,000
Other
5,800,000
6,200,000
6,200,000
6,000,000
6,500,000
Care facilities
16,700,000
16,600,000
16,900,000
18,500,000
19,500,000
Advertising
400,000
500,000
500,000
500,000
500,000
Statutory undertaking
4,300,000
4,300,000
4,500,000
5,200,000
5,700,000
All properties
336,100,000
330,100,000
338,700,000
371,300,000
396,900,000
Answered by Tom Arthur on 29 Dec 2023.