Committees

Revising Scotland's fiscal framework inquiry

Inquiry

The Smith Commission recommended that more powers be devolved to the Scottish Parliament. While many of these powers are set out in the Scotland Bill that is currently before Parliament, the financial mechanism that will underpin the transfer of responsibilities is being negotiated separately by the UK and Scottish Governments.

Known as the ‘fiscal framework’, this mechanism is arguably the most important, and complex, part of the latest round of devolution. The fiscal framework will determine how much the block grant, Scotland’s primary source of funding, will be affected by the revenue and spending powers that are being devolved under Scotland Bill. It will set out the borrowing limits for the Scottish Government and ensure that the actions of one Government will not cause financial detriment to the other.

Upcoming events

View all events

No upcoming events scheduled

Past events

Wednesday 3 February 2016
2:00pm Public
Revising Scotland's fiscal framework inquiry - Oral evidence 3 February 2016
Room 18, Palace of Westminster
Monday 25 January 2016
11:30am Public
Revising Scotland's fiscal framework inquiry - Oral evidence 25 January 2016
Not available
Wednesday 13 January 2016
2:30pm Public
Revising Scotland's fiscal framework inquiry - Oral evidence 13 January 2016
Room 16, Palace of Westminster

Contact us

  • Email: scotaffcom@parliament.uk
  • Phone: 020 7219 4940 (general enquiries) | hocmediacommittees@parliament.uk - 0207 219 8335 (media inquiries)