Press release: Tax professionals comment on Scottish Government response to Business Rates review

Commenting on the Scottish Government’s response to the report of the Barclay Review of Business Rates, Moira Kelly, chair of the CIOT Scotland Technical Committee, said:

“Last week, the first minister said that the Scottish Government would act “quickly” to take forward the recommendations of the Barclay Review.  It is therefore encouraging that the finance secretary has not only committed to taking forward the vast majority of Ken Barclay’s recommendations, but to do so in a manner that appears at first glance to recognise the need for a holistic approach to rates reform.

“The immediate priorities of moving towards more frequent property valuations and delaying rate increases for new, refurbished or expanded properties represent pragmatic and sensible options for ironing out some of the disadvantages inherent in the present system.

“These can provide ratepayers with tangible examples of reform within the boundaries of a system that will remain broadly similar.

“As it takes forward the wider recommendations of the review group, the Scottish Government must ensure that ratepayers and stakeholders understand how these changes will impact them and commit to helping them navigate the inevitable period of transition that will follow.”

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