delete The Non-Domestic Rate (Scotland) Order 1995
The Non-Domestic Rate (Scotland) Order 1995 sets the non-domestic rate (business property rates) for Scotland at 43.2 pence per pound for the financial year 1995-96, pursuant to section 7B of the Local Government (Scotland) Act 1975.
This order pertains exclusively to tax rates for fiscal year 1995-96, rendering it entirely obsolete. As a one-year rate-setting instrument for a closed financial period, it imposes no ongoing regulatory burden. However, the underlying non-domestic rate regime itself represents a tax on commercial property that increases business costs and distorts investment decisions. Business rates have been widely criticised as a drag on High Street retail and commercial property development, contributing to vacant shops and deterring investment. The system, in part inherited from EU frameworks, lacks the competition and flexibility that would emerge from local government finance based on user-pays principles rather than centrally-prescribed tax rates.