4,200 Properties Benefitting Locally
Graeme has welcomed the news that 4,220 properties across Angus have received £16.8 million worth of non-domestic rates relief this year, thanks to SNP policies.
Non-domestic rates relief lowers bills for eligible organisations through initiatives like the Small Business Bonus Scheme, which offers 100% non-domestic rates relief for eligible businesses.
Scotland-wide, 153,940 properties were in receipt of a total of £727 million in relief from non-domestic rates at 1 June 2024. This accounts for 61% of non-domestic properties on the valuation roll.
121,790 properties, or 48% of those on the valuation roll, received an exemption from rates or a 100% relief – worth almost £520 million. The Small Business Bonus Scheme (SBBS) alone accounts for a value of £239 million.
The SNP have said the figures show the value that the Scottish Government places on supporting small business and organisations.