The author, fiscal expert at FAI, examines the tax changes designed to achieve greater fairness made in the fifth Scottish Parliament – and the scope for reform and greater powers in the next.
The resignation of finance secretary Derek Mackay overshadowed the fourth budget of this parliamentary term, which has led to a healthy increase in the resources available to the Scottish Government. How does it propose to spend this money?
Fraser of Allander identifies key points
‘But what can be said with certainty, if these forecasts are correct, is that the amount of money that the government had planned to have at their disposal – all other factors remaining equal – will be much smaller’.