Trump Turnberry handed £110k tax rebate as part of emergency bailout spearheaded by Scottish ministers

Trump turnberry

Donald Trump’s luxury Turnberry hotel has been handed a £110k tax rebate by Scottish ministers as part of an emergency bailout designed to help struggling small businesses.

Figures revealed that the Trump Turnberry hotel situated on the coast of Ayrshire had its property tax cut by £109,530 as a result of the new structure, which led to a 13.5% reduction in its normal annual business rates bill of £811,850.

The Scottish rebate was introduced in February after hoteliers and restaurant owners complained about a 400% rise in property taxes that came into force earlier this year. The rebate was only available to firms in the hospitality sector, but was on offer for companies making profits or those unaffected by the economic downturn.

Story continues below

Earlier this year, the US president said that Turnberry was doing ‘unbelievably’ well, as the sterling dropped due to Brexit. The resort’s general manager Ralph Porciani told the Guardian in January he was expecting bumper profits for 2016 and 2017, with revenues likely to be up 20% on figures from 2007.

Turnberry also increased its golf club membership fees by 38%, to £2,500 a year, after its courses were upgraded.

A Scottish government spokesman said: “Our hospitality rates relief is available to 8,500 businesses and 100,000 small business properties – half of all properties – pay no rates at all. It is for businesses to apply for rates relief and for councils to ensure those which do are eligible.

“The Barclay review, published today, provides recommendations for further reforming the system including around golf courses, and ministers will respond to the report swiftly.”


Tags : business rateshotelstaxestourismTrump Turnberry
Zoe Monk

The author Zoe Monk

Leave a Response