The 2012 and 2016 Scotland Acts devolve a range of powers to the Scottish Parliament including responsibilities for taxes, borrowing, and social security. The implementation of the devolved financial powers and responsibilities is fundamentally changing the management of Scotland’s public finances. The amount of devolved spending in Scotland met by money raised directly will increase from around ten per cent prior to the Scotland Act 2012, to over 50 per cent once the Scotland Act 2016 powers are implemented.
The powers of the Scotland Act 2012 have now been fully introduced and while a substantial amount of work has already taken place to implement the Scotland Act 2016 powers, work on this will continue until at least 2021. A significant part of this will be implementing the social security powers.
This audit will examine how effectively the Scottish Government is managing the implementation of the financial powers and responsibilities of the Scotland Acts. It will also examine the Scottish Government’s overall capacity and capability to successfully implement and deliver the devolved powers and balancing the demands with those of its core business and emerging implications of the vote to leave the EU.
We will publish this report in spring 2018 and it will be the fourth report in our series looking at this area.
Visit our resource page on financial devolution to find out more about our work on Scotland's new financial powers.