THE CONSERVATIVES are set to offer Scotland full control of all income tax if voters reject independence in September’s referendum.
The Tories are today expected to publish the findings of a review into which powers should be devolved in the event of a No vote on 18 September.
Labour and the Liberal Democrats have already set out their plans for greater tax powers to be handed to the Scottish Parliament.
The commission, led by Lord Strathclyde, the former leader of the House of Lords, is said to call for Holyrood to be given responsibility for 40 per cent of the revenue it spends and for more power to set income tax rates.
In an opinion piece for the Scotland on Sunday newspaper, Scottish Conservative leader Ruth Davidson, said it was time to stop Holyrood from being a “pocket money Parliament”.
Davidson added that giving Scotland more responsibility over income tax would make the UK more stable as a whole.
“We must move to a new system that brings real accountability to Scotland’s politics. In short, the buck must stop at Holyrood,” she said.