SMITH COMMISSION ON SCOTTISH TAXES

摘要

Much will be said and written before the final details of employment taxes in Scotland are finalised and in operation. The Smith Commission's heads of agreement recommendations say that 'all aspects of national insurance contributions (NICs) will remain reserved'. In other words, no powers in this regard should be devolved to the Scottish parliament. It will be the Scottish parliament's power to vary the rate of income tax and the consequent effect on the operation of PAYE that is likely to give rise to much discussion.