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Displaying 2811 contributions
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
In paragraph 14 in your report, you say that the compliance working group
“expects to report to the Scottish Income Tax Board on the first phase of this evaluation in January 2025”—
which you mentioned—
“including the likely costs of additional compliance work, after which the Scottish Government must decide on the merits of funding any additional activity.”
There is therefore a role for the Scottish Government.
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
It is still an important issue.
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
It should not still be in development, should it?
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
Yes—it sounds as though there are a few questions for HMRC.
I want to ask about one other issue. Mr Davies, in relation to tax relief on pension contributions, paragraph 2.13 in your report says:
“HMRC must identify Scottish taxpayers so that tax relief is correctly allocated. Pension administrators claim tax relief at source on behalf of their members and add this to their members’ contributions. HMRC applies tax relief on pension contributions at the basic rate of 20% for all taxpayers. Scottish taxpayers paying a tax rate above 20% can claim the remaining tax relief through a Self Assessment return or by contacting HMRC.”
I have asked about that issue previously. It strikes me that a lot of people will have absolutely no idea that they can do that and will not know how to go about it, so they could be missing out.
First of all, do you agree with my assessment? If you do, do you have any idea how many people are affected?
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
Yes, I absolutely accept that. I think that most laymen and laywomen have no idea that they can do that and are probably not made aware of it. However, there is a Scottish element, because Scotland has a different tax rate—that is where we come in.
I have no further questions.
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
So, were there two people who went on those courses?
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
Of course it is not. Why did it happen?
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
Could you not pass it to Scottish Water to help it to cut our bills?
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
When is the next review of the scheme? You mentioned the regulatory review period. When will the issue be looked at again?
Public Audit Committee
Meeting date: 19 February 2025
Graham Simpson
If the decision was to not continue with the international work, that would affect WICS’s headcount quite a bit. Even if the headcount is already being reduced, presumably WICS would not need as many people as it would do if that work was going to continue.