Scotland’s extraordinary fiscal contribution to UK economy revealed and that’s before Oil and gas revenue!
Many thanks to Andrew for spotting this From The London Economic yesterday but largely ignored elsewhere: Scotland’s annual tax contributions to the UK have increased by £14.2 billion over the last decade, with income tax, capital gains tax and taxes on productions such as environmental levies driving this increased contribution. New analysis shows that the Scottish public sector generated an annual revenue of £73.3 billion during the last financial year, a 24 per cent increase versus a decade ago, equating to an increased contribution of £14.2 billion to the UK economy. As a result, Scotland now accounts for 8 per … Continue reading Scotland’s extraordinary fiscal contribution to UK economy revealed and that’s before Oil and gas revenue!
