Latest News
3 February 2010
Speaking during the Budget Bill Stage 3 debate, Mr Swinney, Cabinet Secretary for Finance and Sustainable Growth announced that the thresholds of the Small Business Bonus Scheme will be increased from 1 April 2010 as shown below:
Thresholds by rateable value (rv) (£) | 2009-10 Current threshold | 2010-11 New threshold |
100% relief | £8,000 | £10,000 |
50% relief | £10,000 | £12,000 |
25% | £15,000 | £18,000 |
Non-Domestic Rates
Non-domestic (business) rates are a property based tax. They are based on the rateable value of a non-domestic (business) property, multiplied by a poundage factor set nationally by Scottish Ministers, less any relief to which a ratepayer may be eligible.