Motion S5M-11701: The VAT Opportunity

20 Apr 2018

That the Parliament notes the Reform Scotland briefing, The VAT Opportunity, which calls for the devolution of the purchase tax following Brexit; understands that, if such action was taken, the Parliament would become responsible for raising 60% of the money that it spends, reducing its reliance on income tax; notes that, under EU law, the devolution of VAT cannot be considered; believes that the Scottish Conservatives’ submission to the Smith Commission noted that “were it not illegal under EU law, we would have been inclined to recommend that VAT be devolved to the Scottish Parliament”; considers that the devolution of VAT could be of benefit to people in Shettleston and across the country, and notes the view that, in the unfortunate event of Brexit happening, the proposal should be considered seriously.