F1Part 4ATaxation
F2CHAPTER 2Income Tax
Pt. 4A Ch. 2 inserted (1.7.2012 with effect in accordance with s. 44(3)(a) of the amending Act) by Scotland Act 2012 (c. 11), ss. 25(3), 44(2)(b), (3)(a); S.I. 2015/2000, art. 3
80CPower to set Scottish rate for Scottish taxpayers
1
The Scottish Parliament may by resolution (a “Scottish rate resolution”) set the Scottish rate for the purpose of calculating the rates of income tax to be paid by Scottish taxpayers.
2
Section 6(2B) of the Income Tax Act 2007 provides for the calculation of those rates.
3
A Scottish rate resolution applies—
a
for only one tax year, and
b
for the whole of that year.
4
A Scottish rate resolution may specify only one rate.
5
The Scottish rate must be a whole number or half a whole number.
6
A Scottish rate resolution—
a
must specify the tax year for which it applies,
b
must be made before the start of that tax year, and
c
must not be made more than 12 months before the start of that year.
7
If a Scottish rate resolution is cancelled before the start of the tax year for which it is to apply—
a
the Income Tax Acts have effect for that year as if the resolution had never been passed, and
b
the resolution may be replaced by another Scottish rate resolution.
8
Standing orders must provide that only a member of the Scottish Government may move a motion for a Scottish rate resolution.
Pt. 4A inserted (1.7.2012) by Scotland Act 2012 (c. 11), ss. 23(2), 44(2)(b)