To ask the Secretary of State for Scotland, what the planned timeframe is for the introduction of new financial arrangements for the Scottish Parliament agreed in the Scotland Act 2016.

The financial arrangements for the Scotland Act 2016 are set out in the Fiscal Framework Agreement agreed between the UK and Scottish Governments during the passage of the Scotland Bill. A copy of the Fiscal Framework was placed in the library of the House on the 25 February 2016.

The Fiscal Framework sets out the timeframe for introduction of the new financial arrangements. The transfer of these significant financial powers to the Scottish Parliament is already underway and a number of the associated powers have already been fully implemented, these include:

• The full devolution of income tax rates and bands and thresholds for non-savings and non-dividend income which was delivered in April 2017;
• Revenues from courts and tribunals in Scotland are now retained by the Scottish Government as of April 2017;
• Enhanced borrowing powers came into force for the 2017-2018 financial year.

The remaining aspects of the Fiscal Framework will be taken forward in line with the timetable set out in the Fiscal Framework Agreement.