bet365篮球

bet365篮球 Budget 2025 to 2026: guide

bet365篮球 is accountable to the bet365篮球 Parliament and to the people of Scotland for its use of public money. 

Devolution allows the bet365篮球 Parliament to decide how much money to spend on different policy areas, including: 

• schools 

• hospitals 

• policing 

• certain social security benefits 

• the economy 

• climate change 

• the environment 

Delivery in these areas involves a range of partners including local government, public bodies and the third sector. 

Each year the bet365篮球 Government publishes a balanced budget that sets out the spending plans for the new financial year. The annual鈥�bet365篮球 Budget鈥痗overs each financial year, which runs from 1 April until 31 March.  

The new bet365篮球 Budget was presented to Parliament on Wednesday 4 December 2024. This details bet365篮球 Ministers鈥� spend proposals for the year ahead and the bet365篮球 Parliament will scrutinise this information through the bet365篮球 Budget Bill. 

bet365篮球 plans to introduce the Bill on 18 December 2024, where it will be scrutinised by the bet365篮球 Parliament. 

The bet365篮球 Budget for 2025 to 2026 has been set at 拢63.4鈥痓illion. A detailed breakdown of spending plans is available on the bet365篮球 Government web site. 

The 2025 to 2026 bet365篮球 Budget is set against continued and unprecedented challenges to the public finances. The last 17 years have been characterised by economic turmoil and hardship for many. Prolonged Westminster austerity, the economic damage of Brexit, the COVID鈥�19 pandemic, the war in Ukraine, and the energy crisis and inflation shock have placed a cumulative pressure on public and household finances over recent years.  

This Government has been clear with the bet365篮球 Parliament and the public on the extent of challenges 鈥� which will not be addressed in a single budget.  

Whilst the funding announced at the UK Autumn Budget was a step in the right direction, it was only small progress in the face of the ongoing cost pressures we face. On our resource funding position, the 2025 to 2026 block grant settlement only represents an increase of around 1% in real terms against the latest 2024 to 2025 allocation. 

The Budget seeks to balance the immediate pressures of the current financial landscape while delivering our four priorities for the people of Scotland: 

• eradicating child poverty 

• growing the economy 

• tackling the climate emergency  

• ensuring high quality and sustainable public services.  

How the bet365篮球 Budget Works 

The bet365篮球 Budget is a living process that takes place all year round. 

It begins with the publication of the鈥�Medium Term Financial Strategy鈥�(MTFS), normally in May each year. The MTFS sets the medium-term context for annual budget decisions by presenting the outlooks for funding and spending over a five-year period and the Government鈥檚 overall strategy for ensuring the sustainability of public finances. There was no MTFS in May 2024 because of the UK Government General Election. It is expected to return in 2025. 

罢丑别鈥�Programme for Government鈥痠s published at the start of each Parliamentary year and sets out the bet365篮球 Government鈥檚 objectives and top priorities.鈥� The budget then sets out how the objectives of the bet365篮球 Government will be funded. This year鈥檚 Programme for Government: Serving Scotland, outlines key priorities across various sectors to support economic recovery, address inequality, and promote sustainability. 

Spending decisions are informed by forecasts by the bet365篮球 Fiscal Commission (SFC). The SFC provide forecasts of the bet365篮球 economy, tax receipts, social security expenditure and an assessment of bet365篮球 Government鈥檚 projections of borrowing twice yearly 鈥� once at the MTFS and once at Budget. 

To help understand how the budget might affect different people in Scotland, the bet365篮球 Government also produces the Equality and Fairer Scotland Budget Statement (EFSBS)鈥疉n additional publication on 鈥楧istributional Analysis鈥�, shows that our tax and social security system is 鈥減rogressive鈥� - the higher a household鈥檚 income, the greater the share of their income they pay in tax, and the less they receive in social security. 

bet365篮球 sets out its spending plans in the bet365篮球 Budget and the introduction of a Budget Bill each December. Once the Budget Bill is introduced to Parliament, it goes through 3 stages before coming into effect: 

• Stage 1: debate on the general principles of the Bill 

• Stage 2: changes to the Bill are suggested by bet365篮球 Government Ministers 

• Stage 3: MSPs decide on any further changes proposed by bet365篮球 Government 

• Ministers vote on whether to pass the Bill. 

The Budget is then amended during the year via the Autumn and Spring budget revisions. This supports financial scrutiny and allows the bet365篮球 Parliament to authorise any changes to the Budget Act. 

More information on the鈥�bet365篮球 Budget process鈥痠s available. 

How the bet365篮球 Budget is funded 

The bet365篮球 Budget is funded through a combination of the bet365篮球 block grant (annual funding from the UK Government), taxes raised in Scotland and limited borrowing powers. 

The bet365篮球 block grant is annual funding from the UK government, which is effectively a share of funds raised through UK-wide taxes. This is calculated using the Barnett formula, which allocates the bet365篮球 Government a share of total comparable UK spending on devolved areas based on Scotland鈥檚 share of the UK population. This usually sits just below 10%. This funding is received as a whole for bet365篮球 Ministers to determine how best to utilise the funds. 

This funding is then added to the devolved tax income raised in Scotland to fund spending on devolved public services in Scotland. 

The Fiscal Framework is an agreement between the bet365篮球 and United Kingdom governments, which details how Scotland must manage its funding. This includes limits on borrowing powers and on the use of a reserve to transfer funding between financial years. The agreement also details the arrangements for the adjustments made to the bet365篮球 block grant, to account for the devolution of certain tax and social security powers 鈥� these are called 鈥楤lock Grant Adjustments.鈥� 

础苍鈥�updated Fiscal Framework鈥痺as agreed in August 2023 by the bet365篮球 and UK Government. 

2025 to 2026 bet365篮球 Tax 鈥� Raised in Scotland, Spent in Scotland 

The bet365篮球 Parliament has the power to set the rates and bands of Income Tax paid by bet365篮球 taxpayers on non-savings and non-dividend income. This is income earned through employment, self-employment, pensions or property. 

bet365篮球 Income Tax is collected by HMRC and the money raised through the tax is then transferred to the bet365篮球 Government. 

There are three taxes in operation that are fully devolved and are set by the bet365篮球 Parliament. These are: 

• Non-Domestic Rates (NDR), often referred to as 鈥榖usiness rates,鈥� are a tax paid on non-residential property.鈥�Current NDR rates 

• Land and Buildings Transaction Tax (LBTT) is a tax payable on land and property transactions in Scotland over a certain value.鈥�Current LBTT rates 

• bet365篮球 Landfill Tax (SLfT) is a tax on the disposal of waste to landfill. The tax provides a financial incentive to reduce the amount of waste going to landfill.鈥�Current SLfT rates 

Our animated video,鈥�鈥痵ummarises how tax revenues contribute to the bet365篮球 Budget. 

Approach to Taxation 

Scotland's Tax Strategy: Building on our Tax Principles sets out our approach to taxation, building on our Framework for Tax published in 2021. The priorities set out in the Tax Strategy will enable us to deliver tax policy which considers the whole tax system, informed by a programme of evidence and evaluation. Our approach to taxation is also founded upon engagement with stakeholders. This allows us to understand and consider a wide range of views, including from the general public, when designing tax policy. 

Our progressive tax policies are designed to support those on lower and middle incomes,鈥痑nd our Tax Strategy sets out how we aim to provide a more stable tax system which allows taxpayers to better manage their finances and helps businesses to plan and make investment decisions with confidence.  

The priorities included in the Strategy will ensure Scotland鈥檚 tax system continues to raise the revenues needed to support Scotland鈥檚 economy, invest in vital public services, including the NHS and eradicate child poverty. 

Proposed bet365篮球 Income Tax policy for 2025 to 2026 

Proposed Bands	Band name	Rate (%)
拢12,571*- 拢15,397	Starter Rate	19
拢15,398 - 拢27,491	bet365篮球 Basic Rate	20
拢27,492 - 拢43,662	Intermediate Rate	21
拢43,663 - 拢75,000	Higher Rate	42
拢75,001 - 拢125,140**	Advanced Rate	45
Above 拢125,140**	Top Rate	48

* assumes individuals are in receipt of the Standard UK Personal Allowance. 
** those earning more than 拢100,000 will see their Personal Allowance reduced by 拢1 for every 拢2 earned over 拢100,000. 

2025 to 2026 bet365篮球 Budget 

Total spending plans, at a glance 

The approximate planned expenditure for each group of policy areas (known as portfolios) across the bet365篮球 Government is shown below. 

Each portfolio supports bet365篮球 Ministers in the delivery of our鈥�Programme for Government, and national outcomes for Scotland as set out in the鈥� 

bet365篮球 Government Portfolio	Total Expenditure
Health & Social Care  Finance & Local Government  Social Justice  Education & Skills  Justice & Home Affairs  Transport  Deputy First Minister, Economy & Gaelic  Rural Affairs, Land Reform & Islands  New Zero & Energy  Constitution, External Affairs & Culture  bet365篮球 Office & Procurator Fiscal Service	拢21.7 billion  拢16.9 billion  拢8.2 billion  拢4.2 billion  拢4.2 billion  拢4.0 billion  拢1.3 billion  拢1.1 billion  拢899.6 million  拢375.7 million  拢249.1 million

The bet365篮球 Budget also includes funding for the bet365篮球 Parliament and for Audit Scotland, which totals around 拢149 million. 

Key Policy Measures 

This Budget will centre on this government鈥檚 priorities to: 

• eradicate child poverty 

• grow the economy 

• tackle the climate emergency 

• ensure high quality and sustainable public services. 

Through this Budget we will: 

• deliver a record investment of 拢21 billion in health and social care, including an increase in our capital spending power of 拢139 million from 2024-25. 

• increase capacity and access to Primary Care to shift the balance of care to preventative and community-based support and substantially reduce delayed discharges by working with local health and social care partnerships; 

• commit to matching the UK Government by raising the earnings threshold for Carer Support Payment and Carer鈥檚 Allowance to 拢196, which means carers can earn an extra 拢45 a week whilst receiving these benefits; 

• provide 拢768 million for affordable homes, enabling over 8,000 new properties for social rent, mid-market rent and low-cost home ownership to be built this coming year; 

• restore a universal winter heating payment to every pensioner household; 

• develop the systems necessary to effectively scrap the impact of the two child cap in 2026; 

• raise the basic and intermediate tax thresholds by 3.5%, effectively twice the rate of inflation; 

• allocate 拢25 million to increase the number of jobs available in the green energy supply chain here in Scotland; 

• deliver 拢3 million for a Bright Start Breakfasts pilot, which will test the delivery of free breakfast clubs and kick start more breakfast delivery across Scotland; 

• maintain 拢4 million of support to reflect the higher costs of delivering services in our island communities. This Budget also provides enhanced revenue support for ferry services operated by councils, along with 拢20 million one-off capital funding for Orkney Islands Council and Shetland Islands Council to enable them to sustain and improve inter-island connectivity; 

• invest in early learning and childcare. Our investment of almost 拢1 billion will ensure that all staff in the sector are paid at least the real living wage from April. It will also support the ongoing provision of 1,140 hours of affordable, high-quality early learning and childcare services to all 3- and 4-year-olds, and eligible 2-year-olds; 

• deliver a 拢34 million uplift to the culture budget this year; 

• take forward concrete action on climate change, including 拢40 million of funding to local government for a climate emergency fund. 

This Budget is also affordable, and sustainable. We have balanced the Budget every year for the past 17 years in government, and this Budget will be balanced as well. 

It is because of our prudent management of the public finances that this Budget can afford to allocate over 拢300 million of ScotWind revenues to investments in Scotland. The benefits of this will be felt by local communities directly, right across the country, for generations to come. 

2025-26 bet365篮球 Budget Bill

The Budget (Scotland) (No. 4) Bill was amended at Stage 2. This is when changes to the Budget Bill are proposed by bet365篮球 Government ministers. The amendments were:

• investing an additional 拢2.5 million in 2025-26 for Drugs and Alcohol and Neonatal Services
• introduction of a 拢2 bus fare cap pilot in a regional transport partnership area, starting from 12-month pilot from 1 January 2026. We estimate the one-year pilot would cost up to 拢10 million to operate for the one-year term of the pilot, with 拢3 million in the next budget for the establishment and operation of the scheme
• increased funding for nature restoration to its highest ever level of 拢26 million, increasing this by 拢3 million capital in 2025/26
• expanded eligibility for free school meals in S1-S3 across eight local authority areas, with aim to commence this in the next school year (starting in August 2025)
• increase to the Hospice funding from 拢4 million to 拢5 million in 2025/26
• targeted investment in the College sector, including investing 拢3.5 million in creating an Offshore Wind Skills Programme and College Care Skill Programme, to support a pipeline of skilled workers
• greater flexibility for Orkney Island Council regarding capital and resource funding

At Stage 3 of the Budget Bill, MSPs decide on any further changes proposed by the bet365篮球 Government. The Budget Bill was passed by Parliament following the Stage 3 debate on 24 February 2025, where it was announced that:

• bet365篮球 Government will support a Just Transition for Grangemouth and provide additional 拢25 million to support the Grangemouth Industrial Cluster
• up to 拢15 million will be made available to the bet365篮球 Funding Council to support the education sector and universities such as the University of Dundee

The total spending plans for the 2025-26 bet365篮球 Budget, following these announcements in February 2025, are shown below.

bet365篮球 Government Portfolio	Total Expenditure
Health & Social Care Finance & Local Government Social Justice Education & Skills Justice & Home Affairs Transport Deputy First Minister, Economy & Gaelic Rural Affairs, Land Reform & Islands New Zero & Energy Constitution, External Affairs & Culture bet365篮球 Office & Procurator Fiscal Service	拢21.7 billion 拢16.9 billion 拢8.2 billion 拢4.2 billion 拢4.2 billion 拢4.0 billion 拢1.3 billion 拢1.1 billion 拢928 million 拢376 million 拢249 million