We at Graham + Sibbald wish all our clients a happy and safe 2021 and hope that the vaccines will lead to a return to normality over the coming months and protection and good health for all our families! Download a copy of our latest newsletter here.
Rating Revaluation 2022 Postponed! The First Minister announced that the next Revaluation due in 2022 has been cancelled. There has been no explanation and this contradicts the recommendations made in the Barclay Review of the Scottish Rating system – which was instigated by the Scottish Government. The below is an extract from the First Ministers…
A ratepayer can apply online for a £10,000 Small Business Support Grant or the £25,000 Retail, Hospitality and Leisure Support Grant. Applications close at 5pm on Friday 10 July 2020. The original scheme has now been extended and now also covers additional categories: I outline the various changes below; Ratepayers with multiple business properties meeting the qualifying criteria are eligible…
The effect of the coronavirus has been dramatic on home and business life . The UK and Scottish governments have announced various measures since the middle of March We have tried to cover the governments legislative response in this extended Business Rates Newsletter and outlined the related financial assistance. The various grants and reliefs do…
We outline below details on the current position on rates relief and grants available due to the Coronavirus pandemic. The English regulations have been available since 2 April as outlined within the ‘Coronavirus Response – Local Authority Guidance’ issued by the Ministry of Housing, Communities & Local Government and the Scottish Local Authorities have been…
Graham + Sibbald are of the opinion that Commercial Ratepayers should strongly consider appealing their current Rateable Value due to effect on the Scottish economy of the Coronavirus. Due to the timescale, immediate action is needed. The basis is that a Material Change of Circumstance has occurred since the property was previously valued in line with…
If your business pays rates, then there are a number of initiatives coming into place to help you get through the Coronavirus challenge. In particular, businesses in the retail, hospitality and leisure sectors will be eligible for a Business Rates holiday and for a one-off grant of either £10,000 or £25,000. Here we’ve answered the…
Find out how Hotel and Leisure businesses can keep on top of their cash-flow in the face of Coronavirus. All across the country, pubs, bars, restaurants and other leisure businesses are having to shut up shop, or drastically curtail their operations. One of the biggest challenges this throws up is cash flow. Although the government…
The Cabinet Secretary and First Minister have both confirmed that all the Barnett consequentials arising from the business support measures in England will be passed on to support businesses in Scotland. There had been hope that rates relief would be extended to other sectors beyond the hospitality sector, including retail and leisure, but this is not the…
As announced in the Chancellor’s Budget; £700m expected to flow to Scotland, Wales and Northern Ireland from the decisions announced in Wednesday’s Budget at Westminster to help the economy through the crisis Rishi Sunak’s Budget raised expectations that Kate Forbes would follow his lead in Scotland, on support for business and a hardship fund through councils…
