Budget (Scotland) (No.2) Bill [Session 5]

 

Outcome: E

An Act of the Scottish Parliament to make provision, for financial year 2018/19, for the use of resources by the Scottish Administration and certain bodies whose expenditure is payable out of the Scottish Consolidated Fund, for the maximum amounts of borrowing by certain statutory bodies and for authorising the payment of sums out of the Fund; to make provision, for financial year 2019/20, for authorising the payment of sums out of the Fund on a temporary basis; and for connected purposes.

Current Status of the Bill

This Budget Bill was introduced by the Cabinet Secretary for Finance and Constitution, Derek Mackay MSP, on 25 January 2018.  Received Royal Assent on 28 March 2018.

Stage 1

Stage 1 debate, 31 January 2018

Official Report and Minutes

6 February 2018, Delegated Powers and Law Reform Committee

Stage 3

Stage 3 Proceedings, 21 February 2018

Official Report and Minutes

After Passing

Received Royal Assent on 28 March 2018. 

Budget (Scotland) Act 2018 asp 6

Scottish rate resolution

Prior to considering the Bill at Stage 3, on Tuesday 20 February the Parliament debated and agreed to a motion to set income tax to be charged at Scottish rates on certain non-savings and non-dividend income of a Scottish taxpayer in tax year 2018/19.

Official Report of meeting on 20 February 2018

Minute of meeting of the Parliament on 20 February 2018

Further information on income tax for 2018/19 for Scottish taxpayers can be found at:

http://www.gov.scot/incometax