New Powers for Scotland: An Interim Report on the Smith Commission and the UK Government’s Proposals
ICAS has given evidence to the Scottish Parliament Devolution (Further Powers) Committee following on from its report on 'New Powers for Scotland: An interim report on the Smith Commission and the UK Government proposals'.
ICAS evidence to the Scottish Parliament
The evidence is restricted primarily to comments on taxation and the levels of tax devolution proposed:
- Full devolution of APD and Aggregates Levy
- Partial devolution of income tax rates and bands
- Assignment of VAT revenue
The evidence highlights the non-statutory measures which will be required for the framework of the revised devolution settlement. The tax issues addressed by the Scotland Bill are subordinate to this and successful implementation will be dependent on the effectiveness of that framework.