VAT news tagged as "Scotland"

United Kingdom

SNP tourism VAT cut call

June 2nd, 2017

The SNP has called this week in its UK election manifesto for a VAT cut to tourism industry.  This has long been rejected by the UK government which controls UK-wide policy under EU laws.  However, following Brexit, Scotland will be free to claim for control over tourism and all VAT collections and rates – as …

United Kingdom

Brexit: Scotland devolves VAT?

September 4th, 2016

When the UK leaves (‘Brexit’) the European Union, Scotland may seek to devolve from the UK control of VAT charged within its borders. This is currently forbidden, as EU rules require that VAT be raised at the national level. In the UK, this embraces all four Union country members, including Scotland. Since the Scottish VAT …

United Kingdom

Scotland to gain half of its VAT revenues

November 28th, 2014

In the Smith Commission report  issued today on the devolution of powers to the Scottish Parliament, UK VAT has been included in the list of taxes to be potential changed. Other proposals include the devolution of income tax and more welfare payments to Scotland. The report comes following the near success of the independence vote …