Posted by: Windfair Editors
Scotland gets more than £106 million a year in business rates payments
Official Press Release Scottish Renewables:
£106 million wind power rates windfall revealed
More than £106 million a year in business rates payments flows into Scotland’s economy, new figures show.
The money is enough to educate almost 14,000 secondary school children or build more than 750 council houses. Business rates are paid by power projects in the same way as any other business and are a tax on non-domestic properties to help pay for local council services. These include services like education, social care and waste management. Onshore wind schemes in Highland Council’s area alone contribute more than £23 million every year, with projects in South Lanarkshire bringing in more than £15 million, a new study by industry body Scottish Renewables has shown. Claire Mack, Chief Executive of Scottish Renewables, told how... ... More: Official Press Release Scottish Renewables
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- Scottish Renewables, wind power, windfall, business rate, onshore, education, social care, waste management, project, figure, local