Local Government Finance Settlement 2013-14

Part of the debate – in the Scottish Parliament on 27th November 2012.

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Photo of John Swinney John Swinney Scottish National Party

Essentially, the business rates incentivisation scheme is designed to provide a motivation for local authorities to encourage economic growth within their localities. The scheme enables local authorities to share a greater proportion of the growth in business rates revenue from their localities than has been the case in the past. We have now given local authorities the framework within which they can operate in that respect, which obviously provides flexibility to local authorities to try to encourage a greater degree of economic activity as a consequence of the work that they undertake. I very much encourage local government to take a full part in that scheme, which I think can deliver real benefits to local economies from the greater growth that could be delivered as a consequence of the actions of local government in Scotland.