Impact of SG tax changes on household incomes

The Scottish Government says that income tax policy changes since 2016/17 have been ‘highly redistributive’ and have ‘protected low income earners’. But how much of this affect can be attributed to the Scottish Government’s rates and band changes, and how much to the UK Government’s Personal Allowance changes? And how …

Impact of SG tax changes on household incomes Read More »

Budget 2020/21 – key issues to watch for

On Thursday, Mr Mackay will present his fourth budget – the penultimate budget before next year’s elections. The budget will be delivered against the backdrop of the UK’s recent departure from the EU, significant frictions between both governments on issues ranging from constitutional change to budget timing, devolution of major …

Budget 2020/21 – key issues to watch for Read More »

The timing of the Scottish budget 2020/21: implications, uncertainties and risks

So now we know: the UK Budget will be presented on 11 March, having been postponed from its original date of 6 November. What are the implications for the Scottish budget? It seems now inevitable that the Scottish budget will have to be published in some form before 11 March. …

The timing of the Scottish budget 2020/21: implications, uncertainties and risks Read More »

FAI Commentary: The outlook for the Scottish Budget 2020/21

This blog post contains the policy context chapter of our economic commentary, published today. The latest economic commentary can be found here. Budget 2020/21 will be the fourth of five to be set in this parliament. Normally of course it would have been published by now – the Scottish Government …

FAI Commentary: The outlook for the Scottish Budget 2020/21 Read More »

Demographic projections and income tax revenues under the fiscal framework: implications for the Scottish budget

Frantisek Brocek[1] and David Eiser Under Scotland’s fiscal framework, Scotland’s budget will be better off (than it would have been without tax devolution) if income tax revenues per capita grow more quickly than they do in the rest of the UK (rUK). Some have argued that demographic projections for Scotland …

Demographic projections and income tax revenues under the fiscal framework: implications for the Scottish budget Read More »

2019 General Election: a review of the manifestos from a Scottish perspective

Inevitably, the defining feature of all the manifestos this election is the spectre of constitutional change. For the UK-wide parties this is an issue of Brexit (or stopping Brexit), whilst in Scotland there is the added question of independence. Beyond these major constitutional debates, reading UK election manifestos can feel …

2019 General Election: a review of the manifestos from a Scottish perspective Read More »

The Scottish budget 2020/21: postponed for now… but til when?

The Scottish Government had been due to publish its draft budget for 2020/21 on 12th December. The postponement of the UK Government’s budget – which had been scheduled for 6th November – had already thrown the status of the Scottish budget date into doubt. But the announcement of the General …

The Scottish budget 2020/21: postponed for now… but til when? Read More »