Business rates (also called non-domestic rates) are a tax on non-domestic properties to help pay for local council services. They are based on the property and generally don’t reflect the turnover or profits of the business.
The amount of rates payable is related to the Rateable Value (RV) of the premises. The RV is determined in Renfrewshire by the Renfrewshire Valuation Joint Board (RVJB).