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Trade bodies call on Scottish government to match UK business rates support

busy high street

Industry bodies representing Scottish retail, hospitality and leisure have delivered a joint letter to the Finance Secretary Shona Robison calling on the Scottish government to commit to match the 75% rates relief available in Wales and England.

The Scottish Grocers’ Federation, Scottish Retail Consortium, British Independent Retailers Association, Booksellers Association, UK Hospitality Scotland, Scottish Licensed Trade Association, and Scottish Tourism Alliance have teamed up to highlight the significant challenges facing many small- and medium-size high street businesses.

Alongside the reduction in footfall due to the cost-of-living crisis, many businesses continue to be hit by debilitating energy costs, high inflation, and ongoing disruption to supply chains.

Last month, First Minister Humza Yousaf announced plans for a New Deal for Business and committed to improving engagement with key sectors of the Scottish Economy. Meanwhile, Robison has called for businesses to have their say on the 2024-25 Scottish Budget.

SGF Chief Executive, Pete Cheema, said: “Combined, the retail, hospitality, and leisure sectors directly employ up to half a million people in Scotland. They are a vital part of many local communities across Scotland. As both local employers and economic multipliers.

“Producers, suppliers, and households all benefit when local high streets are thriving. However, many of the businesses we represent are struggling to make ends meet, and they urgently require similar support to the relief provided in England.

“Scottish businesses have been trading at a disadvantage to our counterparts south of the border for years, that is why representatives from across our sectors have joined together to send a very clear message to the Scottish Government.

“We need to see urgent and meaningful action on the New Deal for Business, and it is essential that the next Scottish Budget offers comparable rates relief to the support available elsewhere in the UK.”

In the Autumn Statement 2022, the Chancellor of the Exchequer committed to provide 75% business rates relief for properties in the retail, hospitality, and leisure sectors for the 2023 to 2024 tax year, up to a maximum of £110,000 of relief per business. The Welsh Government adopted a similar policy.

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