To ask the Chancellor of the Exchequer, how much funding the Scottish Government (a) has received and (b) is forecast to receive in additional Barnett Formula consequential funding as a result of income raised via the Residential Property Developer Tax.
The Residential Property Developer Tax is a UK-wide tax. UK-wide tax revenue goes into the UK Consolidated Fund. The Barnett formula then applies to changes in UK Government departmental budgets.The Scottish Government receives around 25% more funding per...
Property Development: Taxation