Sentences with phrase «full devolution»
"Full devolution" means transferring all powers and responsibilities from a central authority to a regional or local level. It gives more independence and control to the region or local government to govern its own affairs. Full definition
The UK Government announces full devolution of business rates to Wales and the power to create new Welsh taxes.
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In its submission1 to the Smith Commission on devolved powers to Scotland, the Chartered Institute of Taxation (CIOT) has suggested a hybrid approach to devolution that includes both full devolution of some taxes and the possible assignment of an appropriate share of revenue of taxes collected in Scotland.
Full devolution — meaning federation — is the key to decentralisation and localisation, both from Westminster to the four nations and within each of the four nations.
In its submission1 to the Smith Commission on devolved powers to Scotland, the CIOT has suggested a hybrid approach to devolution that includes both full devolution of some taxes and the possible assignment of an appropriate share of revenue of taxes collected in Scotland.
Alistair Darling, writing in the Financial Times, warned this week that the full devolution of income tax to Scotland would increase UK borrowing costs and expose Scotland to the destabilising ups and...
The Labour Party was opposing the full devolution of income tax until the last moment, based on a fear that this would be fatal to Scottish MPs» powers or numbers at Westminster.
The full devolution of powers over non-domestic rates to Cardiff Bay now opens the way for the reform of the current Welsh business rates regime, which is the most onerous for small businesses in any constituent nation of the UK.
Alistair Darling, writing in the Financial Times, warned this week that the full devolution of income tax to Scotland would increase UK borrowing costs and expose Scotland to the destabilising ups and downs of tax revenues during changing economic times.