Further details have been confirmed with publication of the fiscal framework agreement between the UK and Scottish governments for devolution of new powers under the Scotland Bill.
Further details have been confirmed with publication of the fiscal framework agreement between the UK and Scottish governments for devolution of new powers under the Scotland Bill.
· Full devolution of income tax rates and thresholds for non-savings and non-dividend income will commence in April 2017, following introduction of the Scottish rate of income tax in April 2016.
· Air passenger duty will be devolved in April 2018.
· Assignment of VAT revenues will be implemented in 2019/20.
Further details have been confirmed with publication of the fiscal framework agreement between the UK and Scottish governments for devolution of new powers under the Scotland Bill.
Further details have been confirmed with publication of the fiscal framework agreement between the UK and Scottish governments for devolution of new powers under the Scotland Bill.
· Full devolution of income tax rates and thresholds for non-savings and non-dividend income will commence in April 2017, following introduction of the Scottish rate of income tax in April 2016.
· Air passenger duty will be devolved in April 2018.
· Assignment of VAT revenues will be implemented in 2019/20.
