Important Announcement: Changes to Rates and Business Support

The Cabinet Secretary, Fiona Hyslop announced important changes to both rates and business support. We have outlined the key points below.

The Scottish Government has confirmed plans to:

  • Broaden eligibility for the small business retail, hospitality & leisure grant to include businesses that occupy multiple premises with a cumulative value in excess of £51,000
  • Extend this to businesses occupying premises where the landlord is the ratepayer for example shared office spaces or industrial units and business incubators
  • Examine options to extend support to businesses operating without a bank account, who are currently excluded from accessing the Hardship Fund

We are expecting more details to be released, by the Scottish Government, later this week and promise to keep you updated.