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The power dynamics linked to a monopsony means that the purchaser has leverage. Importantly, for a bank to consider a business to be financially viable, return needs to sit at 7.5% or above.
Administration of Scottish income tax 2022/23: The Committee will consider the evidence heard at agenda items 2 and 3 and agree any further action it wishes to take. 5.
Questions and Answers
Date answered:
1 December 2022
The 2023 revaluation will therefore be based on rental values as at 1 April 2022. The functions of Valuation Appeal Committees are scheduled to transfer to the Scottish Tribunals on 1 April 2023 in the new Local Taxation Chamber.
I confirm that the Cabinet Secretary for Justice and Veterans attended the most recent SRP meeting on 25 October 2022 and discussed with partners their updates on the preparations that they were taking for winter, including learning from previous severe weather events and testing and exercising.
The distribution of funding through the local government settlement for 2022-23 was discussed and agreed with the Convention of Scottish Local Authorities, and the City of Edinburgh Council will receive its fair share according to the formula.