Stuart McMillan MSP, (SNP West of Scotland) has welcomed the second phase of the Scottish Governments reduction of business rates which came into effect on the 1st of April. Across Scotland 120,000 small businesses will now be eligible to have their business rates abolished with a further 30,000 seeing their rates dramatically reduced. In these difficult economic times such a move will help small businesses protect much needed jobs. Mr McMillan met with local businessman Peter Fletcher of Add-a-print, Greenock, to discuss how the abolition of business rates would help his business.
Mr McMillan said;
"I am pleased to see the Scottish Government is continuing its commitment to help small businesses during these difficult economic times.
"From the 1st April, 120,000 businesses will see their business rates abolished completely – saving some businesses over £3000 a year. This is a vital step and could be instrumental in protecting jobs and supporting Inverclyde's businesses through the difficult year ahead.
"Small businesses such as Add-a-print in Greenock will be thankful of the Scottish Government's support which they will receive through the abolition of business rates. This could help save local businesses and keep the economy moving forward in Inverclyde."
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