Bussiness
60% of Scottish properties get business rates relief
Hello and welcome to our daily digest of business, financial and economic news from around Scotland.
Ivan McKee, the public finance minister, said the new figures showed that the government was “supporting businesses across the country”
KEN JACK/GETTY IMAGES
1. More than 153,000 properties in Scotland benefit from business rates reliefs, according to official statistics released on Tuesday.
The total value of that relief was put at £727 million, with 61 per cent of all premises getting some form of help.
The data showed that as of June 121,790 properties, or 48 per cent of those recorded, were fully exempt from paying rates. The reliefs for them totalled £520 million.
Ivan McKee, the public finance minister, said the figures showed how the government was “supporting businesses across the country”.
Many Scottish companies want to see reduced rates for hospitality, leisure and retail firms to match what is
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