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Business rates is the commonly used name of Non-Domestic Rates in Scotland, [1] a tax on occupation of non-domestic property. Rates are a property tax used to fund local services that dates back to the Poor Law .
Two cuts during 2024 have brought them from a 16-year high point at 5.25% to 4.75%. The monetary policy committee of the Bank of England, made up of nine economists, has the task of bringing ...
Business rates is the commonly used name of non-domestic rates, a rate or tax charged to occupiers of non-domestic property. Business rates form part of the funding for local government, and are collected by them, but rather than receipts being retained directly they are pooled centrally and then redistributed. In 2005–06, £19.9 billion was ...
Business rates are collected throughout the United Kingdom. Domestic rates are collected in Northern Ireland and were collected in England and Wales before 1990 and in Scotland before 1989. Rates are usually paid by the occupier of a property, and only in the case of unoccupied property does the owner become liable to pay them.
Divergence in income tax rates and bands mean that, for the 2023–2024 tax year, a person earning less than £27,850 in Scotland will pay less in income tax than a person with the same earnings in the rest of the UK, and a person earning more than £27,850 in Scotland will pay more in income tax than a person with the same earnings in the rest ...
PRODUCTION An estimated £617.4 million ($781.8 million) was spent on the production of film, TV and other audiovisual content in Scotland in 2021, compared to £398.6 million in 2019, up 55%, a ...
The city of Glasgow in the central belt of Scotland, encompasses the largest municipal and regional economy in Scotland. It is recognised as the largest contributor to the Scottish economy, and is the largest integrated economic region in Scotland and produces around a third of Scotland's output, business base, research power and employment.
Data from Public Health Scotland indicates there were 49 COVID-related deaths in the week ending 1 July, with numbers having increased on previous weeks, while data obtained by BBC News indicates that as many as 260,000 people in at risk groups had not received a booster vaccine during the Spring 2024 programme when it ended on 30 June.