Scotland Act 2012

The Committee took evidence (Official Report, 28 March 2012 (500KB pdf) from the Office for Budget Responsibility on the work being undertaken by it, at the request of the UK Government, to forecast Scottish receipts from a number of taxes which may be devolved to the Scottish Parliament from April 2015. The OBR published Economic and Fiscal Outlook: Scottish tax forecasts and Forecasting Scottish taxes in March 2012 (see links below):

Office for Budget Responsibility - Economic and Fiscal Outlook: Scottish tax forecasts (115KB pdf)

Office for Budget Responsibility - Economic and Fiscal Outlook: Forecasting Scottish taxes (700KB pdf)

The Committee took oral evidence from HM Revenue and Customs on this issue (Official Report, 30 May 2012 (516KB pdf).

Joint Exchequer Committee

The Committee received correspondence and papers in September relating to the Joint Exchequer Committee (853KB pdf).

The Committee received correspondence from the Cabinet Secretary for Finance, Employment and Sustainable Growth relating to the Joint Exchequer Committee's meeting in February 2013;

Budget Process

The Committee's Budget Adviser has produced a paper on the implications of the Scotland Act 2012 on the Scottish budget process (222KB pdf).

The Committee took oral evidence from the Cabinet Secretary for Finance, Employment and Sustainable Growth on 5 September 2012. (Official Report, 5 September 2012 (450KB pdf)

Memorandum of Understanding on the Scottish Rate of Income Tax

Block grant adjustment mechanism in relation to the Scottish rate of Income Tax (SRIT)

The Committee took oral evidence on the implications of the financial powers arising from the Scotland Act 2012 on 24 April 2013. Read the written submissions Professor Gerald Holtham, Professor David Bell and the David Hume Institute (1.65MB).

Scotland Act 2012 - Implementation Report

Correspondence

Additional Correspondence