More Revenue for Northern Ireland? - NI Fiscal Commission Publishes its Recommendations
| Attachment | Size |
|---|---|
 fcni_-_interim_report_-_print_version.pdf | 3.2 MB |
| fcni_-_executive_summary_-_print_version.pdf | 844.12 KB |
The Northern Ireland Fiscal Commission, established in March to investigate devolving greater revenue-raising powers to the NI Executive, has published its findings today
The Commission's report considers the full range of revenue-raising powers not currently devolved to NI, pointing out that whilst the NI Executive currently decides how 9 out of every 10 pounds of public money is spent in NI, it only decides how 1 in ten pounds is raised. Amongst its recommendations are that the NI Executive should consider seeking powers over Income Tax, Fuel Duty and Alcohol and Tobacco Duties, whilst it cautions against seeking powers over VAT, Corporation Tax or National Insurance Contributions. Find out why in the full report attached.
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