The Scottish Government is consulting on plans to introduce two new council tax bands for the country's most expensive properties. These proposals aim to generate additional funding for local public services. Under the suggested changes, homes valued at over £1 million would be placed into a new Band I, and those exceeding £2 million would fall into Band J. If implemented, council tax on Scotland's priciest homes could see a significant increase. The government has indicated that properties valued at more than £2 million could face an annual hike of approximately £3,600, potentially reaching a total council tax bill of around £7,700. For homes valued between £1 million and £2 million, the estimated increase could be around £720 per year. These changes are part of a broader government strategy for progressive taxation. While the specific impact on individual towns like Cott is yet to be determined, such changes could influence the local property market and the financial outlook for higher-value homeowners. The consultation period allows the public and stakeholders to provide feedback on these potential adjustments to the council tax system. The broader economic landscape in Scotland continues to evolve, with some sectors facing challenges while others show resilience. Recent reports highlight the diversification of the business sector with a growth in mission-led businesses across the UK, indicating a shift towards purpose-driven enterprise that may offer new employment opportunities distinct from traditional industries.