Date lodged: 28 June 2018
To ask the Scottish Government on what basis it claims in the Scotland's Fiscal Outlook, The Scottish Government's Five Year Financial Strategy that Scotland has the "most attractive business rates package in the UK".
Answered by: Derek Mackay 17 July 2018
Scotland provides the most competitive non-domestic rates reliefs package available anywhere in the UK and is worth a record £720 million, up from £660 million in 2017-18, which includes several measures that are unique to Scotland. The Small Business Bonus Scheme (SBBS) has lifted over 100,000 properties out of rates altogether in 2017-18 and has saved businesses over £1.5 billion cumulatively since 2009. The package of measures also includes the UK’s first targeted 100 percent rates relief for nurseries which was introduced from 1 April 2018, along with the growth accelerator and relief for new unoccupied builds which supports investment in non-domestic property.
These measures have been welcomed by businesses the length and breadth of Scotland.