This is the first published outturn data for Scottish NSND income tax since the Scotland Act 2016 transferred responsibility for setting the rates and bands of NSND income tax to the Scottish Parliament. It is also the first outturn data published on the basis of HMRC’s Scottish taxpayer codes.
So what does the data say?
HMRC estimates Scottish NSND outturn revenues at £10.7bn in 2016/17.
How does this compare to the latest forecasts? Continue reading