Valuation and Revaluation

Valuation

The Assessor decides what your rateable value (or net annual value) is, based on the rent you might reasonably expect to receive for the property if it was let on a yearly basis. A list of all the properties is then compiled for the Moray area (known as the Valuation Roll) and this forms the tax base for Moray Council.

The rateable value which the Assessor assigned to your property has been used to calculate the amount of rates you will have to pay this year and it is shown on your bill.

If you think your rateable value is incorrect and you have not already advised the Assessor, you can obtain further information from:

The Grampian Assessor, 234 High Street, Elgin, IV30 1BA
Telephone 01343 619819 ; Website www.grampian-vjb.gov.uk ; Email r2023@grampian-vjb.gov.uk

You can inspect your property's rateable value online by accessing the Assessor's online Valuation Roll search facility  

You MUST continue to pay your Non Domestic Rates in accordance with your bill, until a decision regarding your appeal has been reached. 

If your rateable value is amended and we find your account is then overpaid, the excess will be refunded to you.

Revaluation

All non-domestic properties are revalued periodically, on a timetable determined by Scottish Government. This is currently done every five years. The next revaluation will occur on 1 April 2023. The purpose of revaluation is to update rateable values for non-domestic properties to more up-to-date rental levels, establishing a closer link between current property values and the amount of rates paid by ratepayers.

Independent Assessors are responsible for revaluing all non-domestic property in Scotland. In Moray this is done by The Grampian Assessor. The last Revaluation took effect from 1 April 2017. This Revaluation resulted in the production of a new Valuation Roll, which holds revised rateable values for all non-domestic properties in Scotland. This roll is the basis on which bills for the next financial years are calculated.

The Scottish Government has put in place a Transitional Relief Scheme to reduce the impact of the 2017 revaluation on some classes of property. Full details of this scheme can be found by clicking on this link.