The Scottish Government’s Small Business Bonus Scheme provided £2.25M of support for businesses across East Renfrewshire in 2017/18 – a 22.3% rise on the previous year. The scheme also offered a 19.6% increase for businesses across Renfrewshire; providing £6.75M of support.
The Small Business Bonus Scheme, delivered by the SNP in 2008/09, supports local firms by reducing their rates liability or taking firms out of business rates altogether.
With businesses across Scotland receiving a total support relief of £187M last year, SNP MSP Tom Arthur has said the Scottish Government’s commitment to local jobs and communities across East Renfrewshire is clear.
Commenting, local SNP MSP Tom Arthur said:
“These figures prove the success of the Small Business Bonus Scheme for firms across East Renfrewshire.
“Businesses in Renfrewshire South have benefitted from a massive boost in rates support, providing stability for local jobs and communities and giving firms that valuable headroom to grow and thrive.
“While Labour and the Tories have no credible plans between them, the SNP is getting on with the job – creating a better business environment in my constituency, boosting employment and creating a business environment where local companies can flourish.”