beta

You're viewing our new website - find out more

Publication - Minutes

Joint Exchequer Committee: November 2016

Published: 3 Nov 2016
Date of meeting: 3 Nov 2016
Location: Edinburgh

This communique was agreed and issued by the UK Government and Scottish Government, following a meeting of the Joint Exchequer Committee on 3 November 2016.

Attendees and apologies

The Joint Exchequer Committee met in Edinburgh today, chaired by Derek Mackay, Cabinet Secretary for Finance and the Constitution. The UK Government was represented by the Rt Hon David Gauke MP, Chief Secretary to the Treasury.

Items and actions

This was the first meeting of the JEC since the agreement between the Scottish and UK Governments of the Scottish Government's Fiscal Framework in February. The Ministers agreed the application of the Block Grant Adjustment and the amount of administration and implementation funding to be transferred for 2017-18; and discussed the levels of programme funding for new powers being transferred from April 2017. Ministers also discussed progress on the implementation of further income tax powers and VAT assignment.

Ministers agreed to meet again early in 2017 to discuss further technical details arising from the fiscal framework in advance of powers beginning to transfer from 1 April 2017.

Contact

Fiscal Responsibility Division

0300 244 4000

Published:
3 Nov 2016
Joint Exchequer Committee: November 2016