Local tax plan 'scaring off businesses'
SNP plans for a local income tax are scaring off firms that want to invest in Scotland, a business leader has claimed.
Iain McMillan, director of CBI Scotland, said it was now time for the Scottish Government to ditch its proposals to introduce the new 3p in the pound charge to replace the council tax.
He said: "We know of a number of businesses now that have warned the Scottish Government that operations and jobs that they would have brought to Scotland have been put on hold until this matter is determined."
Mr McMillan said the new tax could be "very damaging".
A government spokesman said: "We are not aware of any businesses in this position."
• Labour is set to call Alex Salmond's bluff if he repeats last year's threat to resign as First Minister if MSPs defeat the SNP's budget later this month. The SNP is in talks with opposition parties in a bid to secure support for its package to be unveiled tomorrow.
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Thursday 16 February 2012
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