Publication - Corporate report

Fiscal framework outturn report: 2020

Published: 1 Oct 2020

The Fiscal Framework Outturn Report 2020 publishes outturn and reconciliation information for Scottish Income Tax, Scottish Landfill Tax, Land and Buildings Transaction Tax and devolved Social Security benefits, as well as updates on borrowing and the Scotland Reserve.

28 page PDF

1.4 MB

28 page PDF

1.4 MB

Contents
Fiscal framework outturn report: 2020
Foreword by the Cabinet Secretary for Finance

28 page PDF

1.4 MB

Foreword by the Cabinet Secretary for Finance

Kate Forbes MSP Cabinet Secretary for Finance

I am pleased to be able to present the third annual Fiscal Framework Outturn Report. As Cabinet Secretary for Finance, I am committed to fulfilling my responsibility to help Parliament and others provide effective scrutiny of Scotland’s finances.

As with last year’s report, this document provides information on the reconciliation process for Income Tax, Land and Buildings Transaction Tax, Scottish Landfill Tax, Carer’s Allowance, as well as operation of the Scotland Reserve and our borrowing powers.

As we continue to implement the powers devolved under the Scotland Act 2016, this report will expand to support Parliament’s scrutiny of Scotland’s finances. This year’s report therefore also provides information on the Social Security benefits that were transferred to Scotland in 2020-21. 

Subsequent outturn reports will expand to encompass all the powers devolved under the Scotland Act 2016 as they are introduced, in keeping with our commitment to transparency and accessibility.

Kate Forbes MSP

Cabinet Secretary for Finance

SG/2020/170


Contact

Email: martin.hay@gov.scot