Yes there could be…
…further powers for Scotland to make tax changes are being discussed which are expected to impact from April 2015.
In addition some changes have already been agreed, including:
A new progressive land & buildings tax to replace Stamp Duty Land Tax on property transactions applicable from April 2015, and
A Scottish rate of income tax due to take effect from 2016 on non-savings income of Scottish residents
Whilst applicable only in Scotland the changes are a likely to have a knock on impact on the rest of the UK. We will provide more details as they emerge!