Scotland’s accountants have picked apart the nationalists’ plans for a tax system in a separate Scotland in a crushing new report. In “Scotland’s Tax Future” ICAS, the body representing Scotland’s accountants, criticises the SNP’s lack of detail saying the nationalists are “virtually silent” on the matter in their plans to break up the UK.
The report clearly shows Scotland’s fiscal position is better off as part of the UK. With public spending £1300 higher than the UK average, we get a good deal out of the UK. If we were to separate this extra spending would be lost. It is clear that in the UK we have the best of both worlds; the ability to make the decisions that matter most to Scots here, backed up by the strength, stability and security of the UK.
The report, which is highly critical of several areas in the SNP’s manifesto for separation, says:
• The lack of numbers in the SNP’s plans “leaves a gap”, especially regarding the impact of oil and gas revenues on Scotland’s spending capacity.
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