Assigned Revenue

Flashcard Definition

Tax revenue which is collected directly by the Scottish Government, with no input from the UK Government, such revenue allows the Scottish Government more independence in spending decisions with the aforementioned revenue

Block Type

Flashcard

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Scottish Budget Guide | FAI

The Scottish Budget sets out the Scottish Government's proposed spending and tax plans for a given year. Scotland has a devolved government and with that comes an intricate, and often confusing, framework for its finances. The Scottish Budget is an annual document published by the Scottish Government detailing the government's plans for taxation and spending in the coming fiscal year.

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