Question reference: S6W-05192
- Asked by: Liam McArthur, MSP for Orkney Islands, Scottish Liberal Democrats
- Date lodged: 12 January 2022
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Current status: Answered by Tom Arthur on 24 January 2022
Question
To ask the Scottish Government whether newspaper publishing businesses will be eligible for the business rates relief extension announced by the Cabinet Secretary for Finance on 10 December 2021 and, if not, what financial support will be available to such businesses from March 2022.
Answer
Since the start of the pandemic, businesses in Scotland have benefitted from more than £4.4 billion in support. This includes COVID-19 non-domestic rates reliefs which have saved businesses around £1.6 billion in reduced rates bills since 1 April 2020.
The Scottish Budget maintains a generous non-domestic regime in Scotland for 2022-23 and supports a package of reliefs worth an estimated £802 million. This includes for businesses in the retail, hospitality and leisure sectors continuing relief at 50% for the first three months of 2022-23, capped at £27,500 per ratepayer. This responds to a key ask from the business community to avoid a cliff edge return to full rates liability for those businesses on 31 March 2022. The property uses eligible for this relief in 2022-23 will be unchanged from 2021-22. Properties used wholly or mainly for news publishing will continue to be eligible for this relief.