RUTHERGLEN AND CAMBUSLANG FIRMS BENEFIT £10M IN BUSINESS RATES SUPPORT

For immediate release:

RUTHERGLEN AND CAMBUSLANG FIRMS BENEFIT £10M IN BUSINESS RATES SUPPORT

The Scottish Government’s Small Business Bonus Scheme provided £9.9 million of support for businesses across South Lanarkshire in 2017/18 – an 11.7% rise on the previous year.

The Small Business Bonus Scheme, introduced by the Scottish Government 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 £240 million last year, Rutherglen MSP Clare Haughey has said the Scottish Government’s commitment to local jobs and communities across South Lanarkshire is clear.

Commenting, local MSP Clare Haughey said:

“These figures prove the success of the Small Business Bonus Scheme for firms in Rutherglen and Cambuslang.

“Businesses across South Lanarkshire have benefitted from a massive £9.9 million in rates support, providing stability for local jobs and communities and giving firms that valuable headroom to grow and thrive.

“The Small Business Bonus Scheme ensures a better business environment in Rutherglen and Cambuslang, boosts employment, and enables local companies to flourish.”

ENDS

Notes:

2016/2017 figures can be found on the link below (page 42):

https://www.gov.scot/binaries/content/documents/govscot/publications/statistics-publication/2018/02/scottish-local-government-financial-statistics-2016-17/documents/00532038-pdf/00532038-pdf/govscot%3Adocument

2017/2018 figures can be found on the link below (page 45):

https://www.gov.scot/publications/scottish-local-government-financial-statistics-2017-18/

£ thousands £ thousands
AUTHORITY SBBS – 16/17 SBBS – 17/18 Change % Change
Aberdeen 5093 7023 1930 37.9
Aberdeenshire 8741 11737 2996 34.3
Angus 4157 5173 1016 24.4
Argyll & Bute 5696 8243 2547 44.7
Clackmannanshire 1515 1784 269 17.8
Dumfries & Galloway 6861 8588 1727 25.2
Dundee 5380 6444 1064 19.8
East Ayrshire 3663 4696 1033 28.2
East Dunbartonshire 2759 3434 675 24.5
East Lothian 3232 4192 960 29.7
East Renfrewshire 1845 2257 412 22.3
Edinburgh 17637 24343 6706 38
Eilean Siar 1438 1869 431 30
Falkirk 4530 5231 701 15.5
Fife 11988 14921 2933 24.5
Glasgow 22724 29388 6664 29.3
Highland 12326 16479 4153 33.7
Inverclyde 2310 2674 364 15.8
Midlothian 2372 3119 747 31.5
Moray 3081 4342 1261 40.9
North Ayrshire 4355 5519 1164 26.7
North Lanarkshire 8996 11204 2208 24.5
Orkney 1336 1699 363 27.2
Perth & Kinross 7314 9531 2217 30.3
Renfrewshire 5647 6755 1108 19.6
Scottish Borders 5694 7762 2068 36.3
Shetland 924 1245 321 34.7
South Ayrshire 4532 5577 1045 23.1
South Lanarkshire 8908 9946 1038 11.7
Stirling 4115 5498 1383 33.6
West Dunbartonshire 2648 3427 779 29.4
West Lothian 5213 6565 1352 25.9
Scotland 187029 240663 53634 28.7

 

Date published: 1st March 2019

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