Fiscal framework outturn report: 2021

The Fiscal Framework Outturn Report 2021 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.


6. Proceeds of Crime

6.1 Revenue seized under the Proceeds of Crime Act 2002 is subject to a BGA. The basis on which this is carried out is the subject of dispute between the Scottish and UK Governments and the BGA remains at negative £4 million while the dispute remains unresolved.[8] The Scottish and UK Governments agreed to consider this issue as part of the review of the Fiscal Framework.

6.2 Provisional outturn revenue recovered under the Proceeds of Crime Act in 2020-21 is £5.2 million. Proceeds of Crime outturn revenues are hypothecated for spend on community projects.[9] Due to this hypothecation of funds and the negative £4 million BGA, the net position for the Scottish Budget is negative £4 million while this BGA remains in force.

6.3 No reconciliation takes place while the BGA remains the subject of dispute between the Scottish and UK Governments.

Contact

Email: rebecca.mcewan@gov.scot

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