Scottish revenue increases by £15 billion

Scotland notional deficit continues to fall, driven by record energy sector revenues and strong growth in the tax take.

Total revenue for Scotland increased by 20.7% (£15 billion) compared with 11.3% for the UK as a whole. This includes a £1.9 billion increase in revenue from Scottish income tax and £6.9 billion increase in North Sea revenue.

More information on this from the Scottish Government can be found here.

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Government Expenditure & Revenue Scotland 2022-23