Renewing the revenue

When Mood Music
2012-12-11 14:46:00 awake News Quiz – 2009_11_20

No prizes for guessing how I know about this:

A Consultation on Tax Management

This is a consultation document seeking views on the structure and powers for Revenue Scotland, ensuring tax compliance, tackling tax avoidance, resolving tax disputes, treatment of taxpayer information and accelerated tax changes.

While Revenue Scotland has only two taxes to collect (Scottish equivalents of UK Stamp Duty Land Tax and Landfill Tax) and won’t start collecting these for a while yet*, it presumably would collect all taxes** in an independent Scotland.

You have probably missed the associated consultation on Land and Buildings Transaction Tax but you still have time to comment on the Scottish Landfill Tax.

You have been warned advised!

*mostly because Revenue Scotland didn’t even exist until after the 2012 Scotland Act
**apart from VAT, of course – that’s collected by all the traders in the chains that get products and services to you. (HMRC is responsible for compliance, enforcement, appeals and so on. I presume that Revenue Scotland would take over these duties in an independent Scotland.)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.