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All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
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Displaying 1105 contributions
Finance and Public Administration Committee
Meeting date: 31 August 2021
Daniel Johnson
To follow up that point, I challenge what was said about businesses having figured out how to operate through Covid. The businesses that I speak to have managed to get through Covid but, although they are trading, their trade is significantly down from where it would have been. For a lot of consumer-facing businesses, 60 to 80 per cent is not unusual and it is not sustainable for them. Furthermore, most of those businesses have got to that point by accumulating significant sums of debt, whether that is through Government schemes, deferred payment of rent to landlords or other arrangements. It has even been reported that small business owners have cashed in their pensions. I am told that a lot. It strikes me that those businesses are operating under a very different set of circumstances from those that existed pre-Covid, and that, too, must imply a degree of fiscal headwind when you start looking at those figures, or certainly the overall economic performance of the country.
10:00Finance and Public Administration Committee
Meeting date: 31 August 2021
Daniel Johnson
No.
Finance and Public Administration Committee
Meeting date: 31 August 2021
Daniel Johnson
Undoubtedly.
Finance and Public Administration Committee
Meeting date: 31 August 2021
Daniel Johnson
I want to return to the block grant, income tax revenues and the SPICe paper that the convener mentioned. I recognise what was said about not wanting to get into the hypotheticals of previous regimes. However, as I understand it, the paper sets out that the current fiscal framework relies on income tax growth, which seems to point to the fundamental issue that income tax receipts per capita in Scotland have grown more slowly than those in the rest of the UK. Is that conclusion supported by the data that you have? If so, what are the reasons behind that?
I ask those questions because we are all mindful that the fiscal framework is being renegotiated. Understanding the fundamentals of how the framework works and what we benefit from—as I understand it, income tax growth is critical in the current regime—is clearly important as the framework is renegotiated. Will you elaborate on the insight that you have on the growth of income tax receipts per capita in Scotland compared with that in the rest of the UK?
Finance and Public Administration Committee
Meeting date: 22 June 2021
Daniel Johnson (Edinburgh Southern) (Lab)
I am a director of, and sole shareholder in, a company that has retail interests. I am a member of the Union of Shop, Distributive and Allied Workers and of the Community trade union, and I am the vice chair of the ADHD Foundation charity.