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The tax impact of Scottish independence

Scottish independence would raise a host of new challenges for the UK tax system. Dominic Robertson considers the likely impact.

In less than four months Scottish residents will head to the ballot box to vote on whether Scotland should remain part of the UK. If the latest opinion polls are right the outcome could be a very close run thing. We could well wake up on Friday 19 September to find that Scotland is headed for independence or that a narrow ‘no’ vote leads to pressure for more extensive devolution of tax powers to Scotland.

What tax issues will businesses have to grapple with if Scotland votes for independence? (These will obviously extend far beyond a new-found ability for those of us who have moved across the Tweed to claim...

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