SCOTTISH GOVERNMENT SCHEME SUPPORTS THOUSANDS OF BUSINESSES

The Scottish Government’s Small Business Bonus scheme has helped to support 2,734 business in North Ayrshire this year – with the new figures proving once again the SNP Scottish Government’s commitment to local jobs and communities, SNP MSP for Cunninghame South, Ruth Maguire, has said.

Across Scotland, the Small Business Bonus Scheme, brought about by the SNP Government in 2008/09, paid out over £226 million in 2017-18, supporting over 103,000 local firms by reducing their rates liability and taking some firms out of business rates altogether.

And across North Ayrshire, the number of firms benefitting from this flagship Scottish Government policy has risen from 1,847 in 2008 to 2,734 in 2017/18, with £5.3 million being spent across North Ayrshire to support local businesses this year.

Commenting, local SNP MSP, Ruth Maguire, said:

“These figures prove the success of the Small Business Bonus for firms across Cunninghame South and North Ayrshire.

To have 2,734 businesses in North Ayrshire and over 103,000 across Scotland benefitting from this policy is good for jobs and good for communities – helping to keep more money in our neighbourhoods and boosting our high streets.

Over the last decade, the Scottish Government has taken strong action to support local businesses, while other parties have carped from the sidelines and chased cheap headlines rather than actually doing anything to support local jobs.

It is the SNP that has delivered over £226 million of rates relief across Scotland in 2017/18 – and over £5 million in North Ayrshire alone.

Only the SNP are taking the necessary action to help our local firms – and it is great to see nearly 3,000 local firms benefitting from this in the last year.”