Scottish news

Scotland sets higher rate income tax threshold

The Scottish higher rate threshold for income tax is set to rise with inflation, creating a divergence with the rest of the UK.

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Draft Scottish Budget highlights

The draft Scottish Budget was presented to the Scottish parliament on 16 December 2015.

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Scottish councils get business rate powers

Councils in Scotland will be able to reduce business rates in their area from 31 October 2015.

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Scotland tax devolution legislation published

Draft legislation that will see the devolution of tax powers to Scotland has been published by the UK government.

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Scottish retail sales fall despite rising footfall

Total Scottish retail sales fell 1.8% in July 2014 compared to July 2013 despite a 4.4% rise in footfall, according to figures from the Scottish Retail Consortium.

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Scottish manufacturing exports rise

Scottish manufactured export sales grew 3% during Q1 2014, according to official figures.

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Scottish GDP above pre-recession level

Scottish gross domestic product grew 1% in the first quarter of 2014, according to figures released by Scotland's Chief Statistician.

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Research investment for Scottish SMEs

A new scheme designed to encourage small and medium-sized enterprises to invest in research and development has been launched by Scottish Enterprise.

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Scottish government urged to support business

The Scottish government should do more to keep the cost of doing business down, the Scottish Retail Consortium has said.

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Fall in Scottish retail sales

Consumer spending in Scotland fell slightly in May 2014 as total sales figures dropped 0.2% compared to April 2014, according to the Scottish Retail Consortium.

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