David Gauke, the UK’s Exchequer Secretary who oversees tax, set out a series of questions to the Finance Secretary in a letter, highlighting the “risks and costs” of the suggested change not only to the UK but also to Scotland.
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UK Treasury warns SNP tax plan will cost billions
JOHN Swinney's plan for a devolved corporation tax was last night trashed by the Treasury, which suggested it was one-sided, ill-considered and would leave the Scottish taxpayer billions of pounds out of pocket.
