Business Rate Discount (Retail, Hospitality and Leisure Premises)

Part of Finance and Local Government – in the Scottish Parliament at on 14 January 2026.

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Photo of Ivan McKee Ivan McKee Scottish National Party

As I indicated earlier, the draft budget ensures that the revenues that will be raised from non-domestic rates in 2026-27 will be 6 per cent lower in real terms than pre-Covid. That is an indication of the steps that we have taken to reduce the impact of the rates bill on businesses. About half of the properties in the retail, hospitality and leisure sector continue to be eligible for the 100 per cent small business bonus relief. A further 37,000 properties in the retail, hospitality and leisure sector that have a rateable value up to and including £100,000 could benefit from the new 15 per cent relief and the relief for islands. The budget guarantees that support for the full three years of the revaluation.