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From winter 2017, Finance Bills will be introduced following the Budget. The aim will be to reach Royal Assent in the spring, before the start of the following tax year. This change in timetable will help Parliament to scrutinise tax changes before the tax year where most take effect.
Since 2010 we’ve cut income tax for 28 million people and taken 4 million people out of income tax altogether.
In the meantime, the government will take action now to reduce the difference between the treatment of cash earnings and benefits.
The Prime Minister has been clear that she wants to protect the rights of UK citizens living in European member states, in the same way that we want to protect the status of EU nationals already living here.
Scotland, like the rest of the UK, will benefit from the decisions set out in today’s Autumn Statement, as the UK government builds an economy that works for all.
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