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Originally Posted by jfman
Scottish Government statisticians that rely on UK Government figures, often estimates, of tax receipts that it'd be almost impossible to accurately calculate.
Any business VAT return for example cannot readily be apportioned to English VAT and Scottish VAT.
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Really?
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Q: Do you use company headquarters to assign corporation tax or taxes like VAT?
A: No. Corporation tax on trading profits is estimated on a company-by-company basis, depending on the economic activity each company has in Scotland, not location of company headquarters. VAT is a consumption tax, and is therefore estimated based on purchases that are made in Scotland, rather than the location of a company’s head office.
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As I've pointed out a supposed 20% extra missing revenue is too big to be really missing.
2018-19 spending £78,598m, income(including oil) £65,442m. £13bn required to bridge the gap.
---------- Post added at 20:43 ---------- Previous post was at 20:37 ----------
Quote:
Originally Posted by jfman
Yet you argue vociferously against the prospect. I think you should avoid following me round the forums to get embarrassed in thread after thread. Streaming, Coronavirus and now Scottish independence.
You don't know enough about the subject to meaningfully offer any input, instead you offer age old tried and tested unionist tripe. 45% of the population saw through it in 2014 and likely more when asked next time.
You make the false assumption that Scotland couldn't reform the tax system or dramatically cut expenditure. Things like Trident are immediate quick wins, and aircraft carriers with no aircraft.
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Link
Only £3.3bn of defence spending was attributed to Scotland, still £10bn to find.
And that's with no defence spending in Scotland at all. How would fiddling around with tax generate an extra 20% revenue? If it was that easy, everybody would be doing it.