Building Safety Levy (Scotland) Bill: business and regulatory impact assessment
Business and regulatory impact assessment (BRIA) for the Building Safety Levy (Scotland) Bill.
Footnotes
1 Scottish Building Safety Levy: partial business and regulatory impact assessment - gov.scot
2 Visitor Levy (Scotland) Act 2024 (legislation.gov.uk)
3 Grenfell Tower Inquiry phase 2 report: Scottish Government response - gov.scot
4 Strengthening Scotland’s Future: HM command paper (gov.uk)
7 UK Cladding Action Group 2020 Mental Health Report
8 Scottish Annual Business Statistics 2022
9 Quarterly housing statistics June-2024 for private sector new housebuilding
11 Building Safety Levy: response to consultation (gov.uk)
12 Scottish Building Safety Levy Expert Advisory Group Webpage
13 Home Builders Federation Report - reversing the decline of small housebuilders
14 Scottish Building Safety Levy Expert Advisory Group Webpage
15 Scottish Building Safety Levy: Consultation Analysis Report (gov.scot)
16 Registers of Scotland - House price statistics - Average New Build Sales Price 2024/25
17 Registers of Scotland - House price statistics - Annual growth in new build prices
18 The price elasticity of new build measures the percentage change in new build units in response to a 1% change in house prices.
19 The Scottish Fiscal Commission uses standard assumptions about price and volume (semi) elasticities in response to a change in the LBTT tax rate which are used to calculate LBTT revenues. The distinction with the current context is that LBTT is a repeat tax (i.e. it is paid each time the dwelling is transacted, while the SBSL is a one-off charge)) and that LBTT elasticities apply to all transactions (i.e. of existing dwellings as well, and not just new build).
20 See for example Table 1.5 in Barker, K. (2003) Review of Housing Supply – Interim Report – Analysis, which reports estimates from six studies from 0.3 to 1.0, as well as OECD (2011) The Price Responsiveness of Housing Supply in OECD Countries, which estimates a long-run price responsiveness of housing supply of 0.395 (see Table 3).
21 Evidence from the Competitions and Markets Authority - Housebuilding market study final report
23 House price statistics - Registers of Scotland
24 Many of these impacts are explored further in the Child Rights and Wellbeing Impact Assessment found here: Child Rights and Wellbeing Impact Assessment
25 Scottish Building Safety Levy Consultation Analysis Report
26 This figure was provided as an example by the respondent and is not reflective of any future rates. Rates for the SBSL will be outlined within secondary legislation as is the approach taken with other devolved taxes.
27 A small business is a business with less than 50 employees and a turnover a turnover or balance sheet total less than or equal to the small business threshold.
28 “Vulnerable consumers” are defined in section 25 of the Consumer Scotland Act 2020 as consumers who, by reason of their circumstances or characteristics: a) May have significantly fewer or less favourable options as consumers than a typical consumer, or b) Are otherwise at a significantly greater risk of: (i) harm being caused to their interests as consumers, or (ii) harm caused to those interests being more substantial, than would be the case for a typical consumer.
29 Scottish Building Safety Levy: Consultation Analysis Report Webpage
31 UK Government Consultation on Building Safety Levy - England Only
32 Uk Government Building Safety Levy Technical Consultation