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Ultimately, that points to the need for a diversified economy in Scotland. We always see it in the income tax figures but, compared to the rest of the UK, Scotland’s industry is made up of some big beasts, such as financial enterprise and energy.
We will also tackle fuel poverty for families by doubling our investment for the home energyScotland loans and grants scheme to £42 million in 2022-23.
These FTs relates to Barnett consequentials resulting from a range of UK government equity/loan finance schemes (primarily the UK housing scheme, Help to Buy) and have been a regular source of funding since 2012-13. The Scottish Government has to use these funds to support equity/loan schemes beyond the public sector...
That is a rise of 2.6 per cent in cash terms or 0.9 per cent after accounting for inflation. Most of that increase in funding comes from income tax. A combination of the Scottish Government’s policy choices, high inflation, fixed tax thresholds in cash terms and relatively strong earnings growth in Scotland have contributed to a sharp increase in income tax funding.
Scotland’s Hospitality and Brewing Sector The final item of business today is a members’ business debate on motion S6M-07499, in the name of Craig Hoy, on Scotland’s hospitality and brewing sector.
To support this: • We are providing a total of £222,000 in funding over 2022/23 to flexible working experts Flexibility Works to promote (and support employers across Scotland to adopt) flexible and family friendly workplaces. • Since 2019 we have also provided funding of £350,588 to Timewise to deliver ‘A Fair, Flexible Work Programme for Scotland’.