Fiscal framework outturn report: 2020
The Fiscal Framework Outturn Report 2020 publishes outturn and reconciliation information for Scottish Income Tax, Scottish Landfill Tax, Land and Buildings Transaction Tax and devolved Social Security benefits, as well as updates on borrowing and the Scotland Reserve.
8. Overall Reconciliation Requirement for the 2021-22 Budget
8.1 Table 24 below gives the total provisional reconciliation requirement for the 2021-22 Budget. It shows the net impact of the reconciliation for Income Tax from 2018-19, and for the fully devolved taxes, Proceeds of Crime, and Carer’s Allowance for 2019-20.
| Income Tax 2018-19 | Outturn | -309.4 |
|---|---|---|
| Of which: Final Revenue reconciliation | -621.5 | |
| Final BGA reconciliation | +312.0 | |
| lbtt 2019-20 provisional BGA reconciliation | Provisional Outturn | -5.8 |
| SLfT 2019-20 provisional BGA reconciliation | Provisional Outturn | -2.1 |
| FFFP 2019-20 final BGA reconciliation | Outturn | N/A |
| PoC 2019-20 final BGA reconciliation | Outturn | 0.0 |
| Carer’s Allowance 2019-20 BGA reconciliation | Outturn | -3.3 |
| Total Provisional Reconciliation Requirement | -320.6 |
*The BGA has been revised downwards, which increases the Block Grant in the case of taxes. For more detail on the individual entries see tables in sections 3, 4, 5, 6 and 7.
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Email: martin.hay@gov.scot
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