Fiscal framework outturn report: 2019
The second Fiscal Framework Outturn Report forms part of a revised budget process – as recommended by the final report of the Budget Process Review Group - and follows on from May’s publication of Scotland’s Fiscal Outlook: The Scottish Government’s Five Year Financial Strategy.
8. Overall Reconciliation Requirement for the 2020-21 Budget
8.1 Table 22 below gives the total reconciliation requirement for the 2020-21 Budget. It shows the net impact of the reconciliation for Income Tax from 2017-18, and for the fully devolved taxes, Fines, Forfeitures and Fixed Penalties, Proceeds of Crime Act revenues, and Carer's Allowance for 2018-19.
Table 22: Total Reconciliation Requirements for The 2020-21 Budget (£ Million)
| Income Tax 2017-18 | Outturn | -204 |
|---|---|---|
| Of which: Revenue reconciliation -941 Final BGA reconciliation +737* | ||
| lbtt 2018-19 final BGA reconciliation | Outturn | -3 |
| SLfT 2018-19 final BGA reconciliation | Outturn | -2 |
| FFFP 2018-19 final BGA reconciliation | Outturn | 2 |
| PoC 2018-19 final BGA reconciliation | Outturn | 0 |
| Carer's Allowance 2018-19 final BGA reconciliation | Outturn | 0 |
| Total Reconciliation Requirement | -207 | |
*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. reconciliation
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