The Scottish Government unveiled its Budget 2020-2021 on Thursday. As part of the Budget the Office of the Scottish Charity Regulator was set a budget of £3.3m for 2019-20 and 2020-21, an increase of £0.3m on 2018-19’s budget. The Third Sector budget was increased to £24.9m in 2019-20 compared to 2018-19’s budget of £24.5m, but then decreases to £24.6m in 2020-21. The Scottish Housing Regulator’s budget decreases from £4.7m in 2018-19, to £4.5m in 2019-20, and £4.3m in 2020-21.
The Scottish Budget 2020‑21 also introduces the following policies:
- properties with a rateable value (RV) above £95,000 will continue to be charged the Higher Property Rate (formerly the poundage plus the Large Business Supplement) of 2.6p plus the poundage
- properties with an RV of between £51,000 and £95,000 will now be charged an additional 1.3p on rates on top of the standard poundage
- an amendment to the reset period for Empty Property Relief from 6 weeks to 6 months
- the introduction of a 70‑day requirement of actual letting for a self‑catering property in order to be considered non-domestic and liable for non-domestic rates, rather than council tax
- the introduction of a new 100 per cent relief for Reverse Vending Machines from 1 April 2020
- introducing a district heating relief guaranteed until 2032.
The Scottish Budget 2020‑21 also maintains:
- the Small Business Bonus Scheme
- the Business Growth Accelerator
- Transitional Relief
- Day Nursery Relief for all standalone nurseries in the public, private and charitable sectors
- Fresh Start Relief, which offers 100 per cent relief for all reoccupied properties that have been empty for six months.