Work

Adjusting Scotland's Block Grant for new Tax and Welfare Powers: Assessing the Options

Year: 2015

Type: report

Abstract: The Scotland Bill, currently making its way through the Houses of Parliament, will transfer a range of tax and spending powers from Westminster to the Scottish Parliament. At the same time, an adjustment will have to be made to Scotland’s block grant funding from Westminster. Alongside things like changes to borrowing powers and fiscal institutions, these block grant adjustments (BGAs) form a key part of the new “fiscal framework” Scotland will require when these powers are transferred. This paper identifies some of the key issues related to these BGAs and the Smith Commission's principles for the fiscal framework.

DOI: 10.1920/re.ifs.2024.0423

Authors: David Bell, David Eiser, David Phillips

Institutions: University of Stirling, Institute for Fiscal Studies

Language: English

Topic: Local Government Finance and Decentralization

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

Open Access status: gold

Funders: Nuffield Foundation, Economic and Social Research Council

Award: Centre for the Microeconomic Analysis of Public Policy (CPP)

OpenAlex ID: W2307440588

Cites: 1

Cited by: 1

Related to: 10