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Chamber and committees

Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 4 May 2021
  6. Current session: 13 May 2021 to 29 December 2025
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Displaying 4060 contributions

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Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Is there anything that you want to add, Philip?

12:30  

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Professor Heald, you said that you

“do not accept that the Scottish Government has prioritised economic growth or has demonstrated a strategic approach to tax.”

Given your expertise in the area, what do you think the Government should or could do differently?

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Thrusting economists.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

That is very helpful. You have touched on wealth taxes, which I wanted to ask about next. We will be taking evidence in a round-table meeting straight after this session, and we will be speaking to the witnesses about that issue, because a number of them have suggested that, over a relatively short time, wealth taxes could raise quite substantial sums of money, if not in the current financial year then in financial year 2025-26. What is your view on that?

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

I agree, but no one tells us what we should be disinvesting from—that is the problem.

12:45  

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

If we had more time, I would talk to you about the taxation of occupational pensions.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Very quickly.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

I thank all our guests. I will allow them to leave and we will then have a short five-minute private session. We will put most of our private work programme to one side and discuss two issues very quickly, seeing as time is marching on.

12:47 Meeting continued in private until 12:54.  

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

Yes—they start to lose it at £50,000.

Finance and Public Administration Committee

Sustainability of Scotland’s Finances

Meeting date: 19 September 2023

Kenneth Gibson

That first figure is assuming no behavioural impact, is it?