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IT’S TIME TO GO BACK TO THE DRAWING BOARD ON EMPTY PROPERTY RELIEF
[ 21-01-2013 ]
Commenting on the Scottish Government’s announcement that it is to provide a new Business Rates relief to the owners of new-build business premises, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said:
“Scottish Chambers of Commerce remain of the firm view that the Scottish Government’s plan to reduce the value of relief on business rates bills for empty properties is misguided and will damage the capacity of our town centres to adapt to changing economic and social trends. The Government has now had to make concessions to its policy in the shape of trying to address lack of demand through its ‘Fresh Start’ scheme and now taking on the threat to speculative development through this new proposal for relief on new-build properties. Welcome though these measures are, they seem to represent a tacit admission that the Government’s plan to reduce Empty Property Relief was flawed from the outset.
“As the Scottish Parliament continues its consideration of the Budget for 2013/14, we would urge the Scottish Government to review its plans to take an additional £18 million per year away from business and to focus its efforts in working with the private sector to support the evolution of Scotland’s town centres in the face of unprecedented pressures.”
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