Date lodged: 6 September 2017
To ask the Scottish Government what assessment it carried out of the potential impact that a rise in business rates would have on the commercial and industrial property rental market.
Answered by: Derek Mackay 20 September 2017
The Scottish Government has reduced non-domestic rates bills this year by cutting the poundage, limiting the extent of the large business supplement and expanding the Small Business Bonus Scheme - as well as targeting further support in light of the 2017 revaluation.
The Scottish Government has now also responded to the Barclay review of non-domestic rates, committing to a range of measures to support investment, development and growth. The impacts of all changes are considered carefully informed by wide-ranging engagement with industry.