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Overhaul of Scotland’s rates system needed


Grant Thornton has said that the Scottish government should deliver a radical overhaul of the country's business rates system, warning that the Barclay Review, commissioned by the government, does not go far enough. It calls on Scottish ministers to increase the frequency of revaluations to every three years and apply a 12-month delay on rates to new builds. The firm’s Chris Smith said companies “are waiting to hear what can be done to limit the impact of damaging rate rises."

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