It has been announced that Dr Poonam Malik, head of investments at the University of Strathclyde will co-chair the New Deal for Business Group alongside wellbeing economy secretary Neil Gray. Involving businesses at an early stage of policy development will be one of the key aims of the group establ
Scottish Government
SNP leader Humza Yousaf announced today that the party has engaged AMS Accountants Group as auditor after it was revealed last month that the previous firm, Johnston Carmichael, resigned last September. This development comes as the party's MPs face a crucial 31 May deadline to submit audited a
The Chartered Institute of Taxation (CIOT) has warned that high earners in Scotland will face an effective 68% tax rate if First Minister Humza Yousaf proceeds with a new charge under consideration. The higher rate is a combination of:
The Scottish Government has announced that the deposit return scheme (DRS) is set to undergo changes to support small businesses and craft drinks producers. The Circular Economy Minister, Lorna Slater, announced the adjustments, which include exclusions for drinks containers under 100ml, products se
First Minister Humza Yousaf has unveiled a policy prospectus outlining the Scottish Government's objectives for the next three years, focusing on equality, opportunity, and community. Key financial and economic initiatives include a 'New Deal for Scottish Business' aimed at using Non-Domestic Rates
Plans to enable councils to raise the amount of council tax paid on empty and second homes will be included in a new Scottish Government consultation to help increase housing availability. First Minister Humza Yousaf will announce proposals at the Scottish Trades Union Congress today (Monday 17 Apri
Changes to income tax in Scotland have come into force and are estimated to raise more than half a billion pounds of additional revenue this financial year to support vital public services. The tax rates for earnings between £12,571 and £43,662 remain the same while earnings above £
The Scottish Government has allocated a further £25 million from its Just Transition Fund to support the energy transition in the North East, with the goal of making the region a global leader in net zero efforts.
The new Deputy First Minister Shona Robison has also been appointed as the Scottish Government's Cabinet Secretary for Finance. The appointment comes as the new First Minister Humza Yousaf confirmed his full ministerial team — the first in which there are more women than men.
Scotland’s onshore GDP increased by 0.9% in January, according to statistics announced by the chief statistician.
The Scottish Government has proposed incentives for businesses to invest in Scotland’s two new green freeports in a new consultation. Changes to Land and Buildings Transaction Tax (LBTT) rules would offer full or partial relief from the tax on non-residential buildings and land in certain area
The appearance of Mark Logan, Scotland’s chief entrepreneur, at the AccelerateHER Awards 2023 finals later this month has been confirmed. The former Skyscanner executive will host a fireside chat at the event which takes place on 16 March at the new Barclays campus in Glasgow.
The Scottish Government has announced it will take the Caledonian Sleeper into public ownership and will provide its services from the expiry of the current franchise agreement on 25 June 2023.
Scotland's Chief Statistician has released statistics revealing that the Scottish economy grew by 0.1% during the fourth quarter of 2022, covering the period from October to December.
The Scottish Government has voted to provide an additional £223 million to local authorities to support pay awards to staff as part of the 2023-24 Scottish Budget. Deputy First Minister John Swinney said an improving financial position enabled him to address some pressing asks. The extra money