3. The latest Public Sector Finances dataset is available from http://www.ons.gov.uk/ons/taxonomy/index.html?nscl=Public+Sector+Finance. As this dataset is updated monthly and subject to minor revision, figures in future data releases may differ from those used in this report.
6. All figures in GERS are in current prices (i.e. nominal terms) and in most tables figures are presented as rounded to the nearest £ million. Components of tables may not therefore sum exactly to the published totals.
7. In the UK National Accounts, local authority user charges are classified as negative expenditures and therefore do not enter the revenue calculations in GERS.
8. Experimental estimates of oil and gas production in Scotland's illustrative geographical share of the North Sea are published as part of the Scottish National Accounts Project - http://scotland.gov.uk/Topics/Statistics/Browse/Economy/SNAP/expstats/oilandgas/
12. Scotland's share of the UK population in 2012-13 was 8.3%. Scotland's share of UK less extra-regio GVA was 8.1% (National Records of Scotland (NRS), Quarterly National Accounts Scotland and UK Economic Accounts).
13. A more detailed discussion of GOS is provided in the detailed revenue methodology paper on the GERS website.
14. In GERS, corporation tax revenue is allocated on the basis of the profits generated in Scotland. A full discussion of the methodology used to estimate corporation tax revenue is presented in the detailed revenue methodology paper on the GERS website.
16. Scottish Government - Land and Building Transaction Tax http://www.scotland.gov.uk/Topics/Government/Finance/scottishapproach/lbtt
17. The term North Sea revenue is generally used in GERS to refer to tax receipts levied on oil and gas production in the UK Continental Shelf (UKCS) as a whole and estimated ETS receipts from UKCS installations.
18. Petroleum Act 1998 - http://www.opsi.gov.uk/ACTS/acts1998/ukpga_19980017_en_1
19. Experimental estimates of oil and gas production in Scotland's illustrative geographical share of the North Sea are published as part of the Scottish National Accounts Project - http://scotland.gov.uk/Topics/Statistics/Browse/Economy/SNAP/expstats/oilandgas/
24. It should be noted that the figures provided by Kemp and Stephen are on a calendar year basis. The estimates for financial years are calculated by first estimating the quarterly proportions using a cubic spline interpolation. These are applied to the quarterly revenue data, and summed to form the financial year estimates.
25. Available from https://www.gov.uk/government/publications/country-and-regional-analysis-2013 users should note that the spending category, 'EU Transactions' published in the CRA is contained in the Accounting Adjustments spending category in GERS. A more detailed discussion of EU transactions is provided in Box 5.3.
26. The estimates in GERS include a share of the permanent effects of the UK Government's financial sector interventions. The UK Government's net financial sector interventions are classified as non-identifiable and are recorded in the Enterprise and Economic Development (EED) expenditure programme lines in both the CRA and GERS. The outlays by the UK Government are recorded as a capital expenditure, whilst the fees received are recorded as a negative current expenditure (i.e. revenue received). The scale of the financial sector interventions, relative to other spending on EED, means that there is larger expenditure within this category in 2008-09 and 2009-10. Further information on the treatment of the UK Government's financial sector interventions is provided in Annex B.
27. See Scottish Local Government Finance Statistics 2012-13
28. HESA estimate that Scottish Higher Education Institutions won 15% of UK Research Council grants and contracts in 2011‑12. (HESA Finance Plus 2011/12, Table 5b)
29. Expenditure by Scottish Government in the tables in Chapter 5 incorporates expenditure by Scottish Local Authorities and Public Corporations
32. The net cash outlay incurred as part of the UK Government's financial sector interventions represents the difference between the price paid for the equity in institutions such as RBS and Lloyds Banking Group, and the market price on the day of purchase. This outlay was worth £6.1 billion in 2008-09 and £6.4 billion in 2009-10. The additional cash outlay to finance the acquisition of equity included a further £30.8 billion in 2008-09 and £23.0 billion in 2009-10 (UK Budget 2010). This enters the UK Central Government's Net Cash Requirement. Only the net outlay is included in UK Public Sector Net Borrowing.
33. Scottish Government (2011) - Treatment of the Financial Sector Interventions in GERS http://www.scotland.gov.uk/Topics/Statistics/Browse/Economy/GERS/GERSfinanceinterventions
34. In this analysis, an estimate of total expenditure from the CRA has been calculated as the sum of all identifiable expenditure plus a proportion of non-identifiable expenditure/outside UK expenditures using the default apportionments noted in table B.1 above. This figure therefore excludes all amendments documented in this annex.
35. See Box 5.3 in GERS 2008-09: http://www.scotland.gov.uk/Publications/2010/06/22160331/9
36. See Box 5.1 in GERS 2007-08: http://www.scotland.gov.uk/Publications/2009/06/18101733/8
37. See Box 6.3 in GERS 2010-11: http://www.scotland.gov.uk/Publications/2011/06/21144516/8
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