Question reference: S5W-25135
- Asked by: Bill Bowman, MSP for North East Scotland, Scottish Conservative and Unionist Party
- Date lodged: 5 September 2019
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Current status: Answered by Kate Forbes on 19 September 2019
Question
To ask the Scottish Government how much additional tax revenue from business rates will be generated in 2020-21 from the proposed CPI-linked increase in the poundage rate, broken down by sector.
Answer
As has been the case in previous years, the non-domestic poundage rate will be considered as part of the Scottish Budget process.
In its Economic and Fiscal Forecasts May 2019, the Scottish Fiscal Commission (SFC) forecast that non-domestic rates income would raise £2,853 million in 2020-21. The SFC do not publish this figure broken down by sector.