Written Question · S1W-16904 · Session 1
Whether a written assurance has been given to the Scottish Federation of Housing Associations that alternative mechanisms to tax relief gra…
The question
To ask the Scottish Executive whether a written assurance has been given to the Scottish Federation of Housing Associations that alternative mechanisms to tax relief grant paid to housing associations under section 54 of the Housing Act 1988 will be identified to protect the viability of Registered Social Landlords and ensure that housing quality is not compromised when section 54 is repealed.
The answer
The Scottish Executive has agreed to set up a joint Executive/SFHA working group to look at the detailed impact of the withdrawal of Section 54 (tax relief grant) on housing associations. If it proves to be the case that withdrawal of tax relief will cause particular difficulties for some associations in making adequate reserves for future repairs, or will affect their viability, Ministers have given an undertaking to consider how best to support such associations.
In the Official Report
No contribution in the Official Report cites S1W-16904 by reference.