UK Parliament / Open data

Scotland Bill

Proceeding contribution from David Mundell (Conservative) in the House of Commons on Monday, 8 June 2015. It occurred during Debate on bills on Scotland Bill.

No, I have already taken an intervention from the hon. Gentleman.

Instead of the devolution of VAT, the Smith commission recommended that half the VAT revenues raised in Scotland should be assigned to the Scottish Parliament, thereby further linking Holyrood’s funding to the performance of the Scottish economy. The more the Scottish economy grows, the greater the revenue from VAT that Holyrood will be able to keep. That is an incentive to achieve growth.

Type
Proceeding contribution
Reference
596 c926 
Session
2015-16
Chamber / Committee
House of Commons chamber
Subjects
Legislation
Scotland Bill 2015-16
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