Scotland has both the lowest business rates poundage in the UK and the most generous relief schemes.
We will maintain the Small Business Bonus for the lifetime of the parliament – ensuring 100,000 business properties pay no rates.
We will gradually reduce the Large Business Supplement over the course of the Parliament to ensure that the largest businesses pay the same combined poundage in Scotland as in England.
We will explore the possibility of levying a higher poundage on properties where the owner is registered in a tax haven.
We will maintain the Business Growth Accelerator which removes rates liabilities for the first 12 months after occupation of a new build, and the fresh start scheme which removes liabilities for the first 12 months after occupation of a previously empty property.