With this it will be convenient to discuss the following:
Clauses 12 to 14 stand part.
New clause 32—Treasury Review of the implementation of Scottish rates of income tax—
‘(1) The Treasury shall, no later than one year after the date on which this Act is passed, publish and lay before the House of Commons a review of the implementation of the Scottish basic rate and any other income tax rates for the purposes of section 11A of the Income Tax Act 2007.
(2) The Treasury review must include—
(a) a review of the revised fiscal framework;
(b) the tax year to which sections 12 and 13 of this Act will apply, and the day on which they are due to come into force;
(c) the number of staff assigned by the Scottish Government, Revenues Scotland and Her Majesty’s Revenue and Customs, to the project implementing the Scottish basic rate, and any other rates;
(d) a report on the identification of Scottish taxpayers who will be liable to pay the Scottish basic rate, and other rates;
(e) the rates and bands at which the Scottish basic rate, and any other rates, have been set by the Scottish Parliament; and
(f) a projection of the impact of the Scottish basic rate, and any other rates, on income tax revenues generated in Scotland and across the UK.’
This New Clause would provide for a review of the progress in implementing the new Scottish rate of income tax. This will include a review of the revised fiscal framework, a task that will hereafter be undertaken by the Scottish Office for Budget Responsibility.
New clause 54—Taxes on income—
‘In Section A1 in Part 2 of Schedule 5 (fiscal, economic and monetary policy) to the 1998 Act, in the Exceptions, after the entry for local taxes insert “Taxes on income.”’
This new clause is intended to devolve income tax completely to Scotland.