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Scotland reforms business rates


Scotland’s Finance Secretary Derek Mackay has announced the Scottish Government is to go ahead with the majority of changes to business rates recommended by Ken Barclay’s review into the levy. As part of the business growth accelerator scheme, firms will be exempt from rates increases for 12 months after they improve or expand their premises, while new builds will be free from rates until they are occupied. The measures will also see a review of the small business bonus scheme.

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