How much it expects to raise each year from the Building Safety Levy, and how this will be ringfenced for cladding remediation.

The Scottish Government aims to raise around £30 million per annum from the Scottish Building Safety Levy. This is in proportion to the revenue that the equivalent UK Government Levy for England is intended to generate and in line with the Barnett consequentials that the Scottish Government might have received had the UK Government Levy been extended UK-wide.The Bill Safety Levy (Scotland) Bill includes provision for a regular review of the Levy, which will be an opportunity to consider the revenue target in light of the prevailing housing market and wider economic conditions, as well as the emerging position on the scale and profile of spending on cladding remediation work.The Bill also sets out that proceeds from the Levy must be used for the purposes of improving the safety of persons in or about buildings in Scotland. This is intended to mirror, as closely as possible, the provisions for the use of funds for the UK Government’s Building Safety Levy, as set out in the Building Safety Act 2022 and reflected in the Scotland Act 1998 (Specification of Devolved Tax) (Building Safety) Order 2024 which devolved the powers necessary to introduce legislation for a devolved Levy.