This item was published during the term of a previous administration that ended in April 2007
Listen
Consultation on rating change for industries
18/12/2002
A consultation was launched today on the intention to return prescribed industries to conventional rating valuation at the 2005 non-domestic rates revaluation.
Currently Scottish Ministers set prescribed industries rateable values, or provide a formula for calculating their rateable value, and the prescribed industries have no right of appeal. Views are being sought on a proposal to end this prescription and give the industries concerned a right of appeal.
The prescribed industries are:
- Electricity generation
- Electricity distribution
- Electricity transmission
- Gas
- Scottish Water
- Large docks and harbours
- Railways
- Train Operating Companies
Making the announcement, Minister for Finance and Public Services Andy Kerr said:
"I am keen to hear views on the proposal that prescribed industries which currently have their rateable values set by Ministers should be returned to conventional valuation - that is valued by Independent Assessors and to give them the same right of appeal as other sectors.
"I believe there is a strong case for ending the current arrangements but it is important that all issues are considered fully.
"We will give careful consideration to all responses received before any final decision is taken."
The consultation period will last for 12 weeks and the closing date for responses will be 12 th March 2003.
Copies of the Consultation Paper can be obtained by post from Billy McKenzie, Area 3-J (North), Victoria Quay, Edinburgh, EH6 6QQ or by e-mail to prescribed.consult@scotland.gsi.gov.uk