The Scottish Rate of Income Tax (SRIT) came into effect on 6 April 2016. This short animation explains how this tax works and what powers it gives the Scottish Government over income tax for Scottish taxpayers.
It also explains how the block grant was adjusted for 2015-16 to reflect the loss of SRIT revenues to HM Treasury.
The Scotland Act 2016 received Royal Assent on 23 March 2016. SRIT came into effect from 6 April 2016 and will be superseded by the devolution of income tax on non-savings, non-dividend income in April 2017.
Published by the Scottish Parliament Corporate Body.
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