Plans for Construction in 2024 and 2025 in Scotland

ongoing

The Scottish Government revealed its draft Scottish Budget for 2024/25 in late December 2023, which will have significant impacts on the Scottish construction industry. The Budget sets out the Scottish Government’s proposed spending and tax plans for that period. Central features of the Budget include investments in social security, health and social care with an income tax shake-up introducing a new tax band for the highest earners. There are several announcements of particular relevance and importance to the construction sector, including investments in clean heating systems, offshore wind, cladding remediation, housing and building standards, affordable housing, and non-domestic rates.