Best Start Grant: business and regulatory impact assessment
This business and regulatory impact assessment (BRIA) considers the potential effects of the The Early Years Assistance (Best Start Grants) (Scotland) Regulations 2018 and how it impacts on businesses.
Summary and recommendation
Option 3 – to introduce the expanded BSG is being recommended.
Summary costs and benefits table
| Option |
Total benefit per annum:
|
Total cost per annum:
|
|---|---|---|
| 3 |
Introduce Expanded BSG It is estimated that BSG will be paid to 39,000 children. Families will have more disposable income to spend on essential items for their baby or child Families more likely to reduce their accumulated debt Families' additional spend could potentially increase business activity. |
The Scottish Fiscal Commission ( SFC) is responsible for producing independent forecasts of devolved social security expenditure. For BSG Pregnancy and Baby payment, the SFC will publish forecasts alongside the laying of the BSG regulations. Based on assumptions from the SFC model, in the first full year of running 2018-19, we estimate that there will be 12,500 BSG Pregnancy and Baby payments with a total cost of £5.5m. Once the Early Learning and School payments are added, we estimate that the total number of payments annually will be in the region of 39,000 at a cost of £12.1m, based on 2019-20 figures. |
Contact
Email: Alison Melville alison.melville@gov.scot
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