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The Scottish Budget 2024

^{Published on 2024-12-05 12:00:51 - techUK}
 

• The Cabinet Secretary for Finance and Local Government, Shona Robison MSP, has presented her draft Budget to the Scottish Parliament, outlining the Scottish Government's proposed tax and spending plans for 2025-26.

The Scottish Budget for 2024, as outlined by techUK, focuses on several key areas to support economic growth, public services, and environmental sustainability. It includes a significant investment in digital infrastructure, aiming to enhance connectivity across Scotland, particularly in rural areas, to bridge the digital divide. The budget also emphasizes green initiatives, with funding allocated for renewable energy projects and energy efficiency improvements in homes and businesses. There's a notable commitment to public sector reform, with investments in health, education, and social care to improve service delivery and outcomes. Additionally, the budget addresses business rates relief, providing support to small businesses and sectors like hospitality and retail to aid recovery from economic challenges. Tax policies are adjusted to encourage investment and innovation, with specific measures to support the tech sector, including R&D tax credits and incentives for digital adoption. Overall, the budget aims to foster a resilient, inclusive, and sustainable economy while navigating the fiscal constraints and the need for public sector efficiency.

Read the Full techUK Article at:
[ https://www.techuk.org/resource/the-scottish-budget-2024.html ]

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