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The Independent UK

Henry Saker-Clark

Around £1.8bn in business rates predicted to be handed back to firms

Alex Probyn RYAN

Business leaders have united to send an ‘unequivocal message’ to Shona Robison to freeze their rates in next month’s Scottish Budget (Dominic Lipinski/PA) -

Around £1.8 billion of business rates payments are expected to be handed back to firms, according to Government figures.

Modelling by the Treasury has indicated it expects significant rebates in the face of changes to business rates valuations, which are due to take force at the start of the new tax year in April.

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