A Bill for an Act of the Scottish Parliament to make provision, for financial year 2020/21, 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 2021/22, 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 First Minister, Nicola Sturgeon MSP, on 6 February 2020. Received Royal Assent on 18 March 2020.
Scottish rate resolution
Prior to considering the Bill at Stage 3, on Wednesday 4 March 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 2020/21.
Official Report of meeting on 4 March 2020
Minute of meeting of the Parliament on 4 March 2020
Further information on income tax for 2020/21 for Scottish taxpayers can be found on the Scottish Government's website.
Stage 3 debate, 5 March 2020
Official Report and Minutes