The rateable value is an estimate of the annual rent which a non-residential property would command on the open market. It is determined by the Glasgow City Assessor and entered in the valuation roll.
There is a statutory requirement for the Glasgow City Assessor to carry out a general revaluation every five years. The new valuation roll came into force on 1 April 2010, however the Scottish Government has announced that the next revaluation will now take effect from 1 April 2017.
When fixing the level of value, the assessor examines the rents passing for all let properties at a date two years prior to the revaluation. For the 2010 revaluation, this date was 1st April 2008.
Your rateable value is used in the calculation of your rates bill by the application of a "rate poundage", which is determined annually.
The amount of rates due for each property is determined by multiplying the rateable value of the property by the rate poundage.
The rate poundage is determined by the Scottish Government and is set at £0.48 for the financial year 2015/16.
An additional supplement of £0.013 has been added to those properties that have a rateable value of more than £35,000.
For the financial year 2014/15, the rate poundage was set at £0.471 with an additional supplement of £0.011 for properties that have a rateable value of more than £35,000.
If you think your rateable value is incorrect there is a formal appeals procedure which you should follow. Please visit our Rateable Value Appeals Process page for more information.
The Assessors' web portal now provides access to an on-line interactive appeal facility. This becomes an available option after a successful search of the valuation roll.
To view the valuation roll online visit: Assessors' National Web Portal - Glasgow
Contact the city assessor by email or phone.
Alternatively, you can write to:
The City Assessor
PO Box 27111