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Parliamentary debates and questions

S5W-05658: Neil Findlay (Lothian)

Scottish Labour

Date lodged: 15 December 2016

To ask the Scottish Government what independent assessment has been made of the effectiveness of the small business bonus in creating jobs.

Answered by: Derek Mackay 11 January 2017

The Scottish Government has not commissioned independent assessment. Policy-making in respect of the Small Business Bonus Scheme is informed by objective internal analysis and wide-ranging stakeholder engagement. For example, the Federation of Small Business recently said that, having surveyed almost 1,000 business? owners to ask what would happen if the support through the Small Business Bonus Scheme was abolished:-

" About a fifth of small firms (18.9%) reported they would close the business, with similar proportions arguing that they would have to cancel investments (19.9%) and amend their plans for growth (18.3%)."