Firms in Edinburgh Benefit from £24 Million in Business Rates Support
The Scottish Government’s Small Business Bonus Scheme provided £24M of support for businesses across Edinburgh in 2017/18 – an 38% rise on the previous year.
The Small Business Bonus Scheme, delivered by the SNP in 2008/09, supports local firms by reducing their rates liability or taking firms out of business rates altogether.
With businesses across Scotland receiving a total support relief of £241M last year, SNP MSP Gordon Macdonald has said the Scottish Government’s commitment to local jobs and communities across Edinburgh is clear.
Commenting, local SNP MSP Gordon Macdonald said:
“These figures prove the success of the Small Business Bonus Scheme for firms across Edinburgh.
“Businesses in Edinburgh have benefitted from a massive £24M in rates support, providing stability for local jobs and communities and giving firms that valuable headroom to grow and thrive.
“While Labour and the Tories have no credible plans between them, the SNP is getting on with the job – creating a better business environment in Edinburgh, boosting employment and creating a business environment where local companies can flourish.”