Lamont warns of 'Alex Tax' on Scots

But she said the cost in Scotland would be eight times higher, at £75 a head.

Ms Lamont told First Minister Alex Salmond that would be an "Alex Tax" that would be imposed on businesses in Scotland if there is a Yes vote in September's referendum.

She attacked the SNP leader on the key issue of currency a week after UK Chancellor George Osborne, Labour shadow chancellor Ed Balls and Liberal Democrat Chief Secretary to the Treasury Danny Alexander joined forces to rule out a formal currency union with an independent Scotland.

The Scottish Government has already said that would leave businesses in the remainder of the UK facing costs of £500 million a year to trade with Scotland - with Mr Salmond branding this the "George Tax".

Ms Lamont said the First Minister, his deputy Nicola Sturgeon and Finance Secretary John Swinney had all "been repeatedly asked to put a figure on the transaction costs to Scottish business that will come with giving up the pound in the event of a Yes vote".

While she said they had so far "refused to come up with an answer", the Labour leader added: "The Scottish Parliament information centre has come up with some numbers. Transaction costs for the rest of the UK, the so-called George Tax, work out at £9 per head for people in England, Wales and Northern Ireland.

"But if the Scottish Government's own figures are to be believed, the cost in Scotland would be £75 a head - eight times greater."

Ms Lamont then asked the First Minister: "Given this would be the consequence of his plan to break up the United Kingdom, why should Scottish business pay the Alex Tax?"

But the First Minister hit back: "Our proposal is to share the pound and not have the transaction costs.

"It is her proposal - that is Ed Balls's and George Osborne's proposal - to force Scotland into a different currency and impose transaction costs on Scottish and English business."

He added: "The point that is being made by the Scottish Government is a reasonable one - I don't think English businesses will take kindly to be forced to pay the George or Johann Tax."

Mr Salmond went on: "I don't think that Johann Lamont wants to have her name attached to the same tax as George Osborne.

"The Labour Party are struggling because of their association with the Conservative Party. The Labour Party have done themselves huge damage by associating with the Conservatives and in particular with George Osborne.

"The reaction from the Scottish people to being told, instructed from upon high, that our currency, the currency that we jointly built up, doesn't belong to us, it belongs to George Osborne, I think is entirely understandable and will be deeply uncomfortable for the Labour Party in Scotland."

Mr Salmond insisted that allowing Scotland to keep the pound in a currency union with the rest of the UK would be the "right thing" for both nations in the event of a Yes vote.

Speaking at First Minister's Questions, he said this view had been endorsed by economics experts in the Scottish Government's Fiscal Commission Working Group.

He went on to claim that if the rest of the UK would not share "assets" such as the Bank of England with an independent Scotland, it would then have to accept all of the UK debt - leaving every Scot £25,000 better off.

"We've set out in the White Paper our proposal that we should share the assets and liabilities of the United Kingdom, we think that is the fair, responsible thing to do," Mr Salmond said.

"And one of these assets is of course the Bank of England, which was nationalised in 1946. It is undoubtedly a public asset. We think that is a fair proposition to put forward."

But he argued if the Treasury and UK Government believe they would be the continuing state if Scots voted for independence and as such would "keep all the assets of the UK", then "it follows as night follows day that they end up with liabilities".

The First Minister said: "I don't believe we'll get to a situation where George Osborne wants to make every person in Scotland £25,000 richer, which is what would happen if the UK had to accept all of the national debt."

He went on to tell the Labour leader her party was risking "permanent damage" by agreeing with the Tory Chancellor.

Mr Salmond said: "Unlike Johann Lamont I would find agreeing with George Osborne extremely uncomfortable. That is why the Labour Party are suffering serious and perhaps permanent damage by their alliance with the Conservative Party."

The SNP leader insisted: "Most people in Scotland would feel that George Osborne insulted the intelligence of the Scottish people.

"The indications that we have so far are that the joint enterprise between George Osborne and Ed Balls has backfired on the two unionist parties in spectacular fashion.

"The Labour Party should realise the damage that has been done to them by standing hand in glove with the likes of George Osborne."

But Ms Lamont hit back, saying: "Perhaps the First Minister might reflect on the damage being done to this Parliament by the insult he presents to our intelligence and the people of Scotland by the way in which he dismisses those who disagree with him."

She insisted matters were "too serious for the First Minister to insult us in this way".

She continued her attack, saying: "If we're talking about associations with Tories, it's only the SNP who want to cut corporation tax by 3p more than the Tory Chancellor would propose."

Ms Lamont told the First Minister the "reality" was the rest of the UK did not want a currency union with an independent Scotland.

"You can't make them have a currency union if you're not in the same country," she told Mr Salmond.

But Mr Salmond said the Fiscal Commission had concluded "the best option for Scotland and the rest of the United Kingdom was to share the currency", and added: "I think that is the right policy. It is the right policy for Scotland, I think it's the right policy for the rest of the United Kingdom."

Liberal Democrat leader Willie Rennie and Tory leader Ruth Davidson also criticised the First Minister's position on currency.

Mr Salmond is the "last man standing" in defence of the Scottish Government's plan, Mr Rennie said.

He called for a clear statement to Parliament that a Scottish currency is now an option.

"Despite all the opinion, including on his side, he can't even say that it might be a possibility, and he can't hide on that until September," Mr Rennie said.

"It will be the Chancellor after a Yes vote, if that were to happen, who he will have to convince about a currency union.

"The First Minister's whole plan is based on the judgment of that Chancellor, George Osborne. And this is a man he derides for his judgment every day of the week.

"The First Minister is gambling that Osborne will transform from his belligerent barbarian to his pacifist puppy - arch enemy to best buddy in a day."

Mr Salmond repeated that the currency union is the best option, again warning that Scotland would be entitled to walk away from UK debt if its proposal is denied.

"The Fiscal Commission working group set out a range of options for the currency of an independent Scotland - they said these options were viable given the strengths of the Scottish economy," Mr Salmond said.

"They recommended the best option for Scotland and the rest of the UK was the currency union. We believe the currency union will be negotiated."

Miss Davidson said all critics - including some campaigning for independence - are side-lined by Mr Salmond.

"The First Minister may still be in denial but the rest of the country has woken up to the truth," she said.

"Isn't this the week that we found out the emperor has no clothes?"

The First Minister wants a "pick and mix" version of independence, she said.

"On the currency he is weak, on pensions he is weak, on Europe he is weak, on the basic facts he is weak. He is weak, weak, weak. Isn't it true he is the man with no plan?"

Mr Salmond reflected that a Nobel prize winner, Sir James Mirrlees, put forward the currency sharing plan and was name checked by Bank of England governor Mark Carney in a speech on currency unions last month.