Summary

This publication shows the changes in rateable values as a result of the 2026 Revaluation, and the resulting changes in gross non-domestic rates bills charged on non-domestic properties. These changes are summarised in Figure 1.

The 2026 Revaluation updates rateable values in the 2023 valuation roll, which came into force on 1 April 2023. The rateable values in place from 1 April 2026 are based on the notional market rental values as at 1 April 2025 (the tone date). The tone date for the 2023 revaluation was 1 April 2022.

Rateable values are determined by the independent Scottish Assessors.

At revaluation, the total rateable value increased by £813 million or 10.86%, compared to the rateable value before revaluation. The total gross bill increased by £217 million or 5.28%, after adjustment for the 2023 and 2026 revaluation transitional reliefs.

These figures relate to all properties present on the valuation roll either at revaluation or immediately before revaluation. They include not just properties for which the only change is due to revaluation itself, but also those added to and removed from the valuation roll at revaluation, and those which saw a change to their core description at revaluation.

Figure 1: Summary of changes to rateable values and gross bills at revaluation

The median rateable value increased by £600: before the 2026 revaluation, half of non-domestic properties had a rateable value below £5,600, and after revaluation, the median rateable value was £6,200. This relates to the 259,000 properties which remained on the valuation roll without a change in core description.

The rateable value increased for 143,000 properties, which saw an average increase of £6,800. For 45,000 properties the rateable value decreased, by an average of £3,600.

The total rateable value increased across all 20 property classes. The largest percentage increases were for advertising subjects and hotels. Statutory undertakings and industrial properties contributed most to the overall increase.

Additions and removals account for a net £1.7 million of the total increase in rateable value, with 468 properties added, and 678 properties removed from the valuation roll. The core description changed for 1,461 properties, with an increase in the total rateable value of £2 million.

The total gross non-domestic rates bill increased by 5.28% as a result of revaluation, after revaluation transitional relief is applied. This is lower than the increase in rateable value, due to a decrease in rates, and the 2026 revaluation transitional relief.

The average gross bills, after revaluation transitional relief is applied, decreased for care facilities and religious properties. The gross bills of offices, shops, and sporting subjects increased by less than 1%. The highest increases were among hotels and advertising properties, at 17% and 13% respectively.