Scottish Budget 2017/18 Shows Surplus Carry Forward

The Caithness Business Index has posted the following article:

Scottish Budget 2017/18 Shows Surplus Carry Forward

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Surplus tax receipts and carry forward of funding into 2018-19 was confirmed today as the Scottish Government published the provisional cash outturn for 2017-18. Set against a backdrop of unprecedented change in Scotland's fiscal landscape due to the Scotland Acts and the Fiscal Framework, which fundamentally changed the sources of funding that underpin Scotland's spending and introduced significant new devolved financial powers, the figures show expenditure of £30.9 billion, against a fiscal budget of £31.4 billion. [Read Full Article]