Box sets » Economic and fiscal outlook - November 2025 » Devolved tax and spending forecasts - November 2025
In this box, we explained how block grant adjustments are calculated for Scotland and Wales. We also explore the rationale behind these tax devolution arrangements and how this impacts the Scottish and Welsh budgets.
The UK Budget saw the extension of the personal tax threshold freezes. This box looked at the projected impact of the threshold freezes on the net tax position in Scotland and Wales.
In this box, we explained how block grant adjustments are calculated for Scotland and Wales. We also explore the rationale behind these tax devolution arrangements and how this impacts the Scottish and Welsh budgets.
The UK Budget saw the extension of the personal tax threshold freezes. This box looked at the projected impact of the threshold freezes on the net tax position in Scotland and Wales.