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The Scottish Government budget is an annual Act of the Scottish Parliament, giving statutory authority to the Scottish Government for its revenue and expenditure plans. For the financial year 2024/25 the budget was approximately £59.7 billion. [1] The Scottish Government Budget Bill is presented to Parliament by the Cabinet Secretary for Finance.
Taxation in Scotland today involves payments that are required to be made to three different levels of government: to the UK government, to the Scottish Government and to local government. Currently 32.4% of taxation collected in Scotland is in the form of taxes under the control of the Scottish parliament and 67.6% of all taxation collected in ...
The Scottish Exchequer is responsible for the Scottish Budget, including taxation, spending and measuring performance. The directorates within the Scottish Exchequer have responsibility for financial strategy, the fiscal framework between Scotland and the United Kingdom, public sector pay policy, capital borrowing, and engagement with UK ...
In March 1999, the SSRB published two reports (Review Body on Senior Salaries 1999a and Review Body on Senior Salaries 1999b) and, on 31 March, the Prime Minister [1] accepted all the SSRB's recommendations as to pay levels for MSPs, officeholders of the Scottish Parliament and Scottish Ministers. He also accepted the arguments for an early ...
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Government Expenditure and Revenue Scotland (GERS) is an annual estimate of the level of public revenue raised in Scotland and the level of public spending for the residents of Scotland under current constitutional arrangements.
The Scottish Fiscal Commission (Scottish Gaelic: Coimisean Fiosgail na h-Alba) is a non-ministerial office. It was established by the Scottish Parliament to provide independent forecasts of taxes [ 1 ] [ 2 ] and social security expenditure, and GDP forecasts, to help inform the government's budget and its scrutiny by parliament.
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