The introduction of 40% business rates relief for hospitality venues in Scotland with a rateable value of up to £51,000 will be a welcome introduction for many but could see more than 2,500 businesses ineligible for the scheme.
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New analysis released by UKHospitality Scotland has revealed that hospitality businesses will be significantly worse off than their English counterparts, unless the Scottish government takes decisive action to introduce business rates relief in its forthcoming Budget.
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SNP finance secretary Kate Forbes outlined the 2021/22 budget in the Scottish parliament yesterday (9 December), with some good news for ailing retailers and hospitality venues.
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