Alongside a broad range of other business groups, FSB last month expressed concern at the changes to the Bill at Stage 2 which would have localised business tax rates and abolished national reliefs, such as the Small Business Bonus Scheme.
FSB’s Scottish Policy Chair, Andrew McRae, said: “MSPs had a big call to make today. If they didn’t amend this legislation, we’d have seen bills going up and national reliefs axed. This was not the time to hit small businesses with new annual rates bills in excess of £7,000.
“Our MSPs are to be congratulated for recognising this threat and acting decisively to address it.
“All eyes are now on the tomorrow’s final vote on the Bill as a whole. We urge all MSPs to back the Bill as amended and get what is, on the whole, a sensible and long overdue package of reforms onto the statute book.”