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Scotland’s public spending deficit falls as tax take rises

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Scotland’s public spending deficit fell by £600m last year to £25.3bn after an increase in the amount raised in taxes, figures show.

The annual Government Expenditure and Revenue Scotland (Gers) report compares the tax raised in Scotland with public spending for and on behalf of Scotland.

It said that revenue had grown by £6.3bn to £98.3bn, an increase of 6.9%, while there was a slower growth in expenditure, which rose by £5.7bn to £123.6bn – an increase of 4.8%.

The largest increases in revenue came from national insurance contributions, which were up by £2.4bn, and income tax receipts, up by £1.5bn.


BBC News

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