Meeting of the Parliament 04 February 2026
Murdo Fraser should listen to this point, because it is important and puts where we are today into context. As a result of the decisions that we have taken in the budget, the revenues that will be raised from non-domestic rates in the next year are expected to be 6 per cent lower in real terms—using the consumer prices index—than the pre-Covid amount. That is despite the number of properties on the valuation increasing over the same time period. Despite what Murdo Fraser says, there are more businesses in the Scottish economy, and they will pay less in rates than they did pre-Covid.