[UK] Scottish Budget 6th of February 2020

[UK] Scottish Budget 6th of February 2020
21 Jan 2020

Finance Secretary Derek Mackay has ended speculation about the date of the Scottish Budget.  This is not normally carried out until after the UK budget which this year is on the 11th of March 2020.  He has announced that it will be on the 6th of February 2020. 

A news story from the 13th of January 2020 said:

“The UK Government’s approach to the Scottish Budget has been completely unacceptable and has shown a disregard for devolution and a lack of fiscal responsibility.

The timing of the UK Budget made it impossible for us to publish our own budget after the UK Government’s without drastically restricting the time for parliamentary scrutiny.

In these exceptional circumstances, created by the UK Government, it is vital we give local authorities and public services clarity on their budgets. That is why we have made the decision to publish our budget in February which will allow local authorities to set their budgets and council tax before the legal deadline of 11 March.

I look forward to publishing a budget that will help tackle the global climate emergency, reduce child poverty and boost the economy.

We will work closely with the Scottish Parliament to agree a timetable for the Budget Bill to allow for maximum scrutiny while ensuring certainty for Scotland’s vital public services.”

Global Payroll Association Comment

We are pleased that the Scottish budget will give certainty to both Scotland and the payroll profession that operates UK-wide.  After all, the Scottish budget should give an indication of the Scottish rates and thresholds for income tax. 

Although, this has always changed in the past at the scrutiny stages of the budget process.

Finance Secretary Derek Mackay has ended speculation about the date of the Scottish Budget.  This is not normally carried out until after the UK budget which this year is on the 11th of March 2020.  He has announced that it will be on the 6th of February 2020. 

A news story from the 13th of January 2020 said:

“The UK Government’s approach to the Scottish Budget has been completely unacceptable and has shown a disregard for devolution and a lack of fiscal responsibility.

The timing of the UK Budget made it impossible for us to publish our own budget after the UK Government’s without drastically restricting the time for parliamentary scrutiny.

In these exceptional circumstances, created by the UK Government, it is vital we give local authorities and public services clarity on their budgets. That is why we have made the decision to publish our budget in February which will allow local authorities to set their budgets and council tax before the legal deadline of 11 March.

I look forward to publishing a budget that will help tackle the global climate emergency, reduce child poverty and boost the economy.

We will work closely with the Scottish Parliament to agree a timetable for the Budget Bill to allow for maximum scrutiny while ensuring certainty for Scotland’s vital public services.”

Global Payroll Association Comment

We are pleased that the Scottish budget will give certainty to both Scotland and the payroll profession that operates UK-wide.  After all, the Scottish budget should give an indication of the Scottish rates and thresholds for income tax. 

Although, this has always changed in the past at the scrutiny stages of the budget process.

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