Policy Area

Economy

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How are the SNP supporting manufacturing in Scotland?

Manufacturing is hugely important to Scotland’s economy, accounting for over half of our international exports and employing nearly 190,000 people across the country. 

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Does the SNP support public ownership?

Under the SNP our NHS will always remain in public hands. SNP MPs will propose a new law to explicitly protect the NHS in Scotland, Wales and England, and ‘Health & Social Care in Northern Ireland’, from being subject to future trade deals. The NHS Protection Act would enshrine in law that our NHS must…

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What is the SNP policy on banking sector reform?

The SNP supports the creation of a robust regulatory framework to ensure that the UK economy is not vulnerable to a re-run of the 2008 financial crisis. The SNP will support measures including the reinstatement of the reverse burden of proof which, before being removed by the Tories, required senior bank managers to demonstrate they…

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What is the SNP policy on National Insurance?

At a time when household budgets are under increasing pressure, SNP MPs will oppose any proposed increase in National Insurance.

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What is the SNP policy on VAT?

At a time when household budgets are under increasing pressure, SNP MPs will oppose any proposed increase in Value Added Tax.

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What is the SNP policy on business rates and taxes?

Scotland has both the lowest business rates poundage in the UK and the most generous relief schemes.

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What is the SNP policy on Income Tax?

The SNP believe that the tax burden should be proportionate to the ability to pay.  From April 2016, the UK Government will devolve some income tax powers to Scotland, and the SNP Scottish Government is required for the first time to set a Scottish rate of income tax.

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What is the SNP doing to tackle tax avoidance and evasion?

The powers to tackle avoidance and evasion for almost all taxes, including Income Tax, lie at Westminster. We have consistently called for greater tax transparency and stronger action from the Tory government on avoidance and evasion. According to HMRC, £6.9 billion of tax revenue was lost to public services in 2015-16 because of tax avoidance…

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