An specialist in community finances will warn Holyrood it need to think about elevating taxes if it wants to maintain levels of community paying out after Brexit.
David Heald, who retains the chair in community sector accounting at Glasgow University’s Adam Smith Business enterprise Faculty, thinks that Scotland is facing a twin danger to paying out powers from its imminent departure from the European Union.
If the British isles economic system suffers, there could be much less obtainable for the community sector feeding via to Scotland via the Barnett formula. In the same way, with the Scottish parliament gradually getting greater handle over a amount of fiscal actions this sort of as revenue tax, ended up the Scottish economic system to fare much less perfectly than the British isles as a full the influence of Brexit could be exacerbated north of the…
Scottish ministers instructed to ‘get serious’ over Brexit powers
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