Fiscal framework outturn report: 2026
The Fiscal Framework Outturn Report 2026 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.
Annex B: Provisional Reconciliations in Fiscal Framework Outturn Report Compared with Final Reconciliations (£ million)
Annex B outlines the difference between the reconciliation requirement for the upcoming Budget in Fiscal Framework Outturn Reports, compared to the final reconciliation requirement when all outturn is available.
| (£ million) | FFOR 2025 | FFOR 2024 | FFOR 2023 | FFOR 2022 | FFOR 2021 | FFOR 2020 |
|---|---|---|---|---|---|---|
| Reconciliation detailed in report | 361.5 | 490.1 | -331.8 | 22.5 | -14.8 | -320.6 |
| Reconciliation applied to Scottish budget | 351.1 | 492.7 | -338.0 | 45.7 | -14.7 | -318.7 |
| Difference | -10.5 | 2.6 | -6.2 | 23.1 | 0.1 | 1.9 |
Note 1: The negative 318.7m reconciliation in 2020 and 14.7m reconciliation in 2021 were what was applied to the 2021-22 and 2022-23 Scottish Budgets and doesn’t include a subsequent reconciliation to account for HMRC’s revision to 2017-20 Income Tax outturn. The Scottish Government received a £20.6m positive reconciliation, £7.9m of which was for 2018-19 Income Tax that would have been applied to the Scottish Budget 2021-22 and £6.9m of which was for 2019-20 Income Tax that would have been applied to the Scottish Budget 2022-23.
Contact
Email: rory.mack@gov.scot