Good news for Highland hoteliers as hospitality rates capped for three years

Kate Forbes MSP has welcomed an announcement from the Scottish Government that hospitality businesses will have their rates capped for the next three years.

Hotels across the Highlands have already benefitted from a cap in 2017/18 and 2018/19, and it means that rates are capped at a maximum of 12.5 per cent in real terms each year until 1 April 2022.

It is hoped that today's (26 October) news will be a welcome boon for the tourism industry, which is critical to the Highland economy, with B&Bs, camping sites, hotels, self-catering accommodation and pubs and restaurants all set to benefit. 

Kate Forbes MSP said: “Local hospitality businesses in the Highlands contribute to wider economic growth. They provide jobs, create business opportunities and sustain rural communities.

“This announcement provides certainty, stability and a competitive business edge - not just for the next year but for the next three years.

“The Scottish Government has shown a willingness to listen to the business community in the Highlands and Islands as we implement ambitious reforms to non-domestic rates.

“I hope that this rates cap enables businesses to make decisions with greater certainty, control their costs and invest in business growth at a time when hospitality is essential to the wider tourism industry.”

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