Publication: Scotland's new financial powers

October 16, 2018 by Audit Scotland
Publication cover: Scotland's new financial powers

This paper looks at how the Fiscal Framework is operating in practice. It reflects on experience during 2017/18, the first full year of operation of income tax, borrowing and reserve powers, and describes the range of risks that are now affecting the Scottish budget.

Briefing paper - PDF 3.2MB


Financial devolution ehub

Financial devolution in Scotland:
the journey so far

Visit our e-hub on financial devolution to find out more about our work on Scotland's new financial powers.