Scotland’s tax authority raised revenue of £707m in land and buildings transaction tax (LBTT) and Scottish landfill tax (SLfT) during 2017/18, figures in Revenue Scotland’s latest annual report reveal.
The combined total of LBTT and SLfT transferred to the Scottish consolidated fund since Revenue Scotland began operating had reached £1.8bn by 31 March 2018.
Revenue Scotland chairman, Dr Keith Nicholson, said: ‘We have seen a year-on-year increase in tax revenue to support public services and this increased by £74m, or 11.7%, in 2017/18 compared with the previous year, underlining the importance of devolved tax to support Scotland’s public finances’.
Revenue Scotland published its 2017/18 Annual report and financial statements on 2 October. See https://bit.ly/2QosZfq.
Scotland’s tax authority raised revenue of £707m in land and buildings transaction tax (LBTT) and Scottish landfill tax (SLfT) during 2017/18, figures in Revenue Scotland’s latest annual report reveal.
The combined total of LBTT and SLfT transferred to the Scottish consolidated fund since Revenue Scotland began operating had reached £1.8bn by 31 March 2018.
Revenue Scotland chairman, Dr Keith Nicholson, said: ‘We have seen a year-on-year increase in tax revenue to support public services and this increased by £74m, or 11.7%, in 2017/18 compared with the previous year, underlining the importance of devolved tax to support Scotland’s public finances’.
Revenue Scotland published its 2017/18 Annual report and financial statements on 2 October. See https://bit.ly/2QosZfq.
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