Scots slammed for lack of tax devolution detail
Scottish secretary bemoans lack of detail behind SNP's plans to devolve corporation tax North of the border
Scottish secretary bemoans lack of detail behind SNP's plans to devolve corporation tax North of the border
SCOTTISH SECRETARY Michael Moore has ridiculed the SNP Scottish Government for failing to replying detail to challenges over its demand for the devolution of power over corporation tax north of the border.
He said: “The Scottish Government cannot just ignore the difficult questions they have been asked on corporation tax.
“It would be completely unreasonable to pretend these questions haven’t been asked or to decide that they don’t deserve an answer.”
His comments follow a letter from Exchequer secretary David Gauke raising a series of issues about the demand from Scottish first minister Alex Salmond and Scottish finance secretary John Swinney, who want the power added to the Scotland Bill now in course of consideration in the Lords, with a possible threat by the Scottish Parliament to attempt to block the bill if it does not contain the power.
Gauke’s letter raised issues ranging from how the change would make administering the ax more efficient to whether the Scottish government had sought the advice of ICAS and what consideration there had been to the need to police the proposed new tax border.
The UK government is considering a Northern Ireland administration plea for responsibility for the rate of the tax in Ulster to be handed to Belfast because of the pressing need to combat tax competition from Ireland.
More about:
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceMarkets can be expected to respond positively to US policy changes on the horizon, according to investment director at a boutique investment business ...
View articlePanama Papers anonymous whistleblower 'John Doe' reaches out to government authorities, and has called on global powers to 'end financial secrecy' Rea...
View articleGeorge Osborne's Budget on 16 March had no discernible theme, write Robert Maas Read More...
View articleTreasury Committee will investigate the effectiveness of the UK corporate tax system Read More...
View articleTreasury Select Committee chairman Andrew Tyrie confirms investigation into UK's tax system following Google's £130m settlement with HMRC Read More...
View articleIntroduction of quarterly digital tax accounts for small businesses and self-employed gets parliamentary hearing Read More...
View articleFormer chief executive of lobby group the British Bankers' Association Angela Knight fields MPs' questions over her suitability to head the Office of ...
View articlePrior to becoming Permanent Secretary, Macpherson, was MD of the Budget and Public Finance Directorate Read More...
View article