Set up in 2014 ahead of the introduction of Scotland’s first new taxes for 300 years, the Scottish Fiscal Commission (the Commission) was initially established to scrutinise the Scottish Government’s devolved tax forecasts.
Following the passage of The Scottish Fiscal Commission Act , the Commission was established as an independent non-ministerial department, from 1 April 2017, directly accountable to the Scottish Parliament. The Commission is now responsible for producing independent forecasts for Scotland. This includes forecasts of tax revenues, expenditure on social security and on-shore Gross Domestic Product (GDP).
Further information on the staffing, membership and operation of the Commission is available on its website.
Protocol between the Scottish Fiscal Commission and the Scottish Government
In order to promote transparency, the Scottish Government and the Scottish Fiscal Commission have agreed a protocol to cover their interactions both during the formal periods of engagement around fiscal events, and engagement out with fiscal events.
This protocol sets out the manner in which the SFC and the SG will engage during the forecasting process; the respective responsibilities of each party; and the procedures for handling draft reports.