News & Events
News & Events
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Scottish Government commits £875 million of new reliefs for Non-Domestic Rates
The Scottish Fiscal Commission has today published updated forecasts of income from Non-Domestic Rates (NDR) to reflect the Scottish Government’s commitments to support businesses in response to Covid-19. The Scottish Government has announced a relief for all ratepayers for the financial year starting in April. This relief effectively reduces the tax rate for all properties,…
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New era for Scottish Budget – our latest forecast
The Scottish Fiscal Commission today emphasised the growing size and complexity of Scotland’s budget when it published its latest five year forecasts. Two key elements of the fiscal framework, which sets out the arrangements for funding devolution to Scotland, will soon come into operation. April 2020 will see a further £3 billion of social security…