Terminology and Exemptions
Terminology used in SLfT and information on exemptions.
Terminology used in SLfT and information on exemptions
Revenue Scotland publishes the Annual Report and Accounts 2025-26
Revenue Scotland is pleased to announce that we have laid our Annual Report and Accounts 2025-26. Our Chief Executive Officer Johanna Boyd, explans more:
Notes to the Accounts
1. Statement of accounting policies
1.1. Basis of accounting
Financial Statements
Statement of Revenue and Expenditure
For the year ended 31 March 2026
Independent Auditor's Report
Independent auditor’s report to the Auditor General for Scotland and the Scottish Parliament
Accountability Report
Statement of the Accountable Officer’s Responsibilities
Under section 19(4) of the Public Finance and Accountability (Scotland) Act 2000, Scottish Ministers have directed Revenue Scotland to prepare for each financial year a statement of accounts in the form and on the basis set out in the Accounts Direction. The accounts are prepared on an accruals basis and must give a true and fair view of the state of affairs of Revenue Scotland and of its income and expenditure, Statement of Financial Position and cash flows for the financial year.
Annual Report and Accounts 2025-26 - Devolved Taxes Accounts
Foreword
Welcome to the Revenue Scotland Annual Report and Accounts for the Devolved Taxes for 2025–26.
Notes to the Accounts
1. Statement of Accounting Policies
Basis of accounting
Financial Statements 2025-26
Statement of comprehensive net expenditure
For the year ended 31 March 2026
Independent Auditor's Report
Independent auditor’s report to Revenue Scotland, the Auditor General for Scotland and the Scottish Parliament