As President Donald J. Trump celebrates a tax victory in the United States, a recent change in rules means his golf resorts in Scotland no longer qualify for a controversial tax break in that country.
According to a report in the Independent, the Scottish National Party altered measures in February to help the hospitality sector, as restaurants and hotels in the country are reportedly trying to regain their footing after a revaluation of the rateable value of businesses, the first major revaluation in the country since 2010.
The Trump Turnberry was able to “gain back around £110,000 in business rates relief” earlier this year, but after Scottish government’s recent budget passed in September, the complex in South Ayrshire will no longer qualify for the rates relief.
Scottish finance secretary Derek Mackay announced the transitional scheme that allowed the relief, meant to aid struggling restaurants and hotels, would continue in 2018 for “all but the very largest hospitality properties.”
The Independent reports: “Documents published alongside the draft Scottish budget in December say the change would only apply for hospitality properties with a rateable value up to £1.5m. But according to the Scottish Assessors Association website, Trump Turnberry is now above the cut-off point, with a rateable value of £1.65m.”
Trump’s second golf course in Scotland, Trump International Golf Links, located in Aberdeenshire, also does not qualify for relief because it has been defined as a golf course, not a hotel.
According to a government source, companies such as the Trump Organization “are well able to manage” the new rates, as government assistance is only meant to support “smaller firms which most need help in tough economic conditions.”
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