Fiscal framework outturn report: 2023
The Fiscal Framework Outturn Report 2023 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. Reconciliation Requirement for the Scottish Budget 2024-25
78. Table 17 below gives the total provisional reconciliation requirement for the Scottish Budget 2024-25. It shows the net impact of the reconciliation for Income Tax from 2021-22, and for the BGA reconciliations for the fully devolved taxes, Fines, Forfeitures and Fixed Penalties, and Social Security benefits expenditure for 2022-23.
| Income Tax 2021-22 | Outturn | -389.9 | |
|---|---|---|---|
| Of which: | |||
| Final revenue reconciliation | Outturn | +1461.1 | |
| Provisional BGA reconciliation | Outturn | -1851.0 | |
| LBTT 2022-23 provisional BGA reconciliation | Outturn | +19.5 | |
| SLfT 2022-23 provisional BGA reconciliation | Outturn | +7.8 | |
| FFFP 2022-23 provisional BGA reconciliation | Provisional Outturn | +2.9 | |
| PoC 2021-22 final BGA reconciliation | Outturn | N/A | |
| Social Security 2022-23 provisional BGA reconciliation | Provisional Outturn | +27.8 | |
| Total Provisional Reconciliation Requirement | -331.8 |
Note: Figures may not sum due to rounding.
For more detail on the individual entries see tables in sections 3, 4, 5, 6 and 7.
Contact
Email: rory.mack@gov.scot
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