SNP pledges business tax cuts in election battle
SNP announces raft of business tax cuts in its bid to win Scottish general election
National Party has announced a series of tax cut pledges for
business and the public in its battle to defeat Labour in the Scotland general
election in May.
SNP leader Alex Salmond has pledged to remove council tax and swap it with a
local income tax, abolish business rates for businesses with a rateable value of
£8,000, which should affect 120,000 companies. Rate relief will be introduced
for 30,000 businesses, which have a rateable value of between £8,000 and
‘Local companies will be free to invest, gorw and employ more people,’ stated
the SNP’s advertising campaign.
The Scottish Labour
Party said the SNP was hiding the true costs of its income tax