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Scottish Income Tax
Income tax in Scotland is a tax of personal income gained through employment. This is a tax controlled by the Scottish Parliament, and collected by the UK government agency HM Revenue & Customs. Since 2017, the Scottish Parliament has had the ability to set income tax rates and bands, apart from the personal allowance. Over the next couple of years, some modest differences developed between income tax rates in Scotland and those elsewhere in the UK. History When the devolved Scottish Parliament was set up in 1999, the Scottish Parliament had the power to Scottish variable rate, vary the rate of income tax by 3% (in either direction) from the rates applied in the rest of the UK. This power was specifically authorised by the second question of the 1997 Scottish devolution referendum, 1997 devolution referendum. In any event, no Scottish Government ever chose to use the variable rate, and left tax rates the same as they were in the rest of the UK. Following the passage of the Sc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scottish Parliament
The Scottish Parliament ( gd, Pàrlamaid na h-Alba ; sco, Scots Pairlament) is the devolved, unicameral legislature of Scotland. Located in the Holyrood area of the capital city, Edinburgh, it is frequently referred to by the metonym Holyrood. The Parliament is a democratically elected body comprising 129 members known as Members of the Scottish Parliament (MSPs), elected for five-year terms under the additional member system: 73 MSPs represent individual geographical constituencies elected by the plurality (first-past-the-post) system, while a further 56 are returned as list members from eight additional member regions. Each region elects seven party-list MSPs. Each region elects 15 to 17 MSPs in total. The most recent general election to the Parliament was held on 6 May 2021, with the Scottish National Party winning a plurality. The original Parliament of Scotland was the national legislature of the independent Kingdom of Scotland and existed from the early 13th centur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HM Revenue & Customs
HM Revenue and Customs (His Majesty's Revenue and Customs, or HMRC) is a non-ministerial government department, non-ministerial Departments of the United Kingdom Government, department of the His Majesty's Government, UK Government responsible for the tax collection, collection of Taxation in the United Kingdom, taxes, the payment of some forms of Welfare state in the United Kingdom, state support, the administration of other regulatory Regime#Politics, regimes including the national minimum wage and the issuance of national insurance numbers. HMRC was formed by the merger of the Inland Revenue and HM Customs and Excise, which took effect on 18 April 2005. The department's logo is the St Edward's Crown enclosed within a circle. Prior to the Elizabeth II, Queen's death on 8 September 2022, the department was known as ''Her'' Majesty's Revenue and Customs and has since been amended to reflect the change of monarch. Departmental responsibilities The department is responsible for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scottish Variable Rate
The Scottish variable rate (SVR) was a mechanism which would have enabled the Scottish Government to vary (down or up) the basic rate of UK income tax by up to 3p in the pound. The power was never used (and indeed was allowed to lapse by the Scottish Government in 2007) and was succeeded by the legislative framework for Scottish public finance in the Scotland Act 2012, which gives the Scottish Parliament the power to set a Scottish rate of income tax. When legislating for the Scottish Parliament, a number of matters were reserved by the UK Parliament at Westminster. One such reserved matter was taxation; however, this had been a key point in Scottish negotiations relating to parliamentary control. As a means of compromise, Westminster afforded the Scottish Parliament the ability to vary income tax, which was subsequently given the consent of the Scottish electorate in the second question of the 1997 devolution referendum. Therefore, the Scotland Act 1998 granted the Scottish Pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1997 Scottish Devolution Referendum
The Scottish devolution referendum of 1997 was a pre-legislative referendum held in Scotland on 11 September 1997 over whether there was support for the creation of a Scottish Parliament with devolved powers, and whether the Parliament should have tax-varying powers. The result was "Yes–Yes": a majority voted in favour of both proposals, and the Parliament was established following an election in 1999. Turnout for the referendum was 60.4%. The referendum was a Labour Party manifesto commitment and was held in their first term in office after the 1997 UK general election, under the provisions of the Referendums (Scotland and Wales) Act 1997. It was the second referendum held in Scotland over the question of devolution, the first being in 1979, and is to date the only major referendum to be held in any part of the United Kingdom where voters were asked two questions in the same plebiscite. Background A referendum was held in 1979 under a Labour government which stipul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scotland Act 2012
The Scotland Act 2012 is an Act of the Parliament of the United Kingdom. It sets out amendments to the Scotland Act 1998, with the aim of devolving further powers to Scotland in accordance with the recommendations of the Calman Commission. It received Royal Assent in 2012. Main provisions The Act gave extra powers to the Scottish Parliament, most notably: * The ability to raise or lower income tax by up to 10p in the pound. Any change is applied across all tax bands; * Devolving stamp duty and landfill tax to Scotland to replace them with new taxes specific to Scotland; * The Scottish Government to have borrowing powers, up to £5 billion; * Legislative control over several more issues including limited powers relating to drink driving limits and air weapons; * Creation of Revenue Scotland, a tax authority for Scottish devolved taxes while HMRC still collects taxes that are not devolved to Scotland. Calman Commission The proposed legislation was based on the final report ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scotland Act 2016
The Scotland Act 2016 (c. 11) is an act of the Parliament of the United Kingdom. It sets out amendments to the Scotland Act 1998 and devolves further powers to Scotland. The legislation is based on recommendations given by the report of the Smith Commission, which was established on 19 September 2014 in the wake of the Scottish independence referendum. The Act The act gives extra powers to the Scottish Parliament and the Scottish Government, This article contains quotations from this source, which is available under th Open Government Licence v3.0 © Crown copyright. most notably: * The ability to amend sections of the Scotland Act 1998 which relate to the operation of the Scottish Parliament and the Scottish Government within the United Kingdom including control of its electoral system (subject to a two-thirds majority within the parliament for any proposed change). * The ability to use such amendment to devolve powers to the Scottish Parliament and Scottish Ministers over a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
