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31 October 2017

FSB: Bonus figures show scheme’s success

Reference number: SPUR3110

New figures published today show that 104,000 premises benefit from the Scottish Government’s Small Business Bonus rates scheme.

Andy Willox, FSB’s Scottish policy convenor, said: “Without this rates help, Scottish firms tell us they would scale back investment, and their plans for growth. This vital scheme forms the centrepiece of the Scottish Government’s package of help for smaller firms.

On business rate reform, Andy Willox said: “The Barclay review of business rates came up with many sensible proposals – and we’ve been impressed with the Scottish Government’s grit to address many of the tax’s most outdated elements.

“However, as we look toward to the Scottish Government’s 2017/18 budget, Ministers must recognise that the administration of the rates system is in disarray. This muddle is harming the implementation of their policies. The Scottish Government should step in.”