SPF welcomes Scottish Government business rates review announcement

18 Mar 2016

Policy area: Taxation

In response to The Scottish Government’s announcement that a chair has been appointed and a remit set for a review of the non-domestic rates system in Scotland, David Melhuish, director of the Scottish Property Federation, said: “The Scottish Property Federation very much welcome this important review and the appointment of Ken Barclay as its Chairman. 

We will be working with our members to assist the Government in bringing forward constructive reform and we are encouraged by the First Minister’s statement that the review is about fairness and overall, revenue neutrality. 

“Any changes to the rates system in Scotland must balance the need to raise money for public services, with the need to be fair to business.  We continue to advocate the need for a rates system in Scotland which will encourage investment, both foreign and domestic, into our commercial property sector – a sector which is adding £6bn per annum to the Scottish economy now and has the potential to deliver much more.”

ENDS