Wednesday, 27 November 2013

Consider the [Scotish] question ...

... found at para 483, page 535 of Scotland's White Paper on Independence.

Will we have the power to reduce VAT on repair and maintenance work to dwellings in an independent Scotland?
Independence will enable the Scottish Parliament to explore a reduction in VAT on repairs and maintenance work to homes as part of wider taxation priorities.
Powers over VAT, currently exercised by the Westminster Government, will transfer to the Scottish Parliament as a result of independence. The tax system in place immediately before independence will be inherited at that time. Thereafter decisions on the tax system and all specific taxes – including tax rates, allowances and credits for VAT and other taxes – will be made by the parliament and government of an independent Scotland.
The answer from Salmon and chums is Yes-No, we can but we cannot, we might but might not ...

The White Paper is a gift to the "Better Together" campaign, do they realise it ?

1 comment:

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