REVENUE SCOTLAND
DEVOLVED TAXES ACCOUNT
DIRECTION BY THE SCOTTISH MINISTERS

In accordance with section 19(4) of the Public Finance and Accountability (Scotland) Act 2000, the Scottish Ministers hereby give the following direction:

1. Revenue Scotland will prepare, for the financial year ended 31 March 2021, and subsequent years, an account of the devolved taxes collected by Revenue Scotland in the exercise of its functions. The account shall show the amounts receivable from the collection of taxes, any deductions permitted, and amounts paid to the Scottish Consolidated Fund in accordance with the Revenue Scotland and Tax Powers Act 2014.
2. The account shall comply with the relevant accounting principles and disclosure requirements, as specified in the Government Financial Reporting Manual (FReM) which is in force for the year for which the account is prepared.
3. The account shall comprise:
   • A Foreword – explaining statutory background and respective responsibilities of Scottish Ministers, Revenue Scotland etc. in relation to Devolved Taxes.
   • An Accountability Report:
     • A statement of Accountable Officer's responsibilities in relation to the account.
     • A Governance Statement setting out the framework for Devolved Taxes as this relates to their payment into the Scottish Consolidated Fund. This may link to, but need not repeat, Revenue Scotland's Governance Statement dealing with wider operation systems for taxes.
   • Financial Statements:
     • A Statement of Revenue and Related Expenditure
     • A Statement of Financial Position
     • A Statement of Cash Flows
     • And such notes to the accounts as may be necessary.
4. The account shall be prepared so as to give a true and fair view of income, expenditure, cash flows for the financial year end, and the state of affairs at the end of that period.
5. This direction shall be reproduced as an appendix to the accounts. The previous Accounts Direction dated April 28, 2018 is hereby revoked.

Signed by authority of the Scottish Ministers

Chief Financial Officer

27^th October 2021

REVENUE SCOTLAND
DIRECTION BY THE SCOTTISH MINISTERS

In accordance with section 19(4) of the Public Finance and Accountability (Scotland) Act 2000, the Scottish Ministers hereby give the following direction:

1. Revenue Scotland will prepare accounts for the financial year ended 31 March 2016, and subsequent years. The accounts shall comply with the accounting principles and disclosure requirements of the edition of the Government Financial Reporting Manual (FReM) which is in force for the year for which the accounts are prepared.
2. The accounts shall be prepared so as to give a true and fair view of the income and expenditure and cash flows for the financial year, and of the state of affairs as at the end of the financial year of Revenue Scotland in exercise of its functions.
3. This direction shall be reproduced as an appendix to the accounts.

Signed by authority of the Scottish Ministers

A J Stafford

Date: 20 April 2016