Scottish Assessors Association
The number of taxable vacant and derelict land plots grew in most council areas in recent years, prompting calls for an end to “perverse incentives” for owners.
Glasgow shopping street is Scotland's most vacant high street with 36 per cent of its shops, offices and domestic properties now lying empty.
Local authorities own over 1,100 vacant properties in Scotland’s cities while real estate investors, tax haven firms and others are responsible for more than 500 high street vacancies.
Only a third of properties on Scotland’s busiest shopping streets are owned by companies registered in the country, The Ferret can reveal.
New research shows that Scotland is losing out on “substantial" tax revenue from derelict land owners, says land reform campaigner and MSP, Andy Wightman.
Nine out of ten of Scotland’s shooting properties, including some owned by billionaires, are exempt from paying £10.5 million in annual business rates, it is revealed.