Scottish Indpendence - Personal Finance Implications

srcandas

jennifernil wrote: »

What we need, before we can sensibly vote for or against any sort of change, are details of the effects on things like tax, pensions, bank accounts etc.

Jennifer you cannot have that even less than you do now. Politicians state intentions and then adjust policy to meet changing times. However the SNP politicians are making these promises while having no idea what demands will be placed upon an independent Scotland by the EU, England, the business community, the banking community (as stated earlier, foreign), NATO, etc.

So there will be no details. Independence calls for a leap of faith and that for most is too scary :eek:

As input to this does anyone know how many non scots would be eligible to vote and whether Scots abroad (expats) drawing pensions will have a say ? :beer:

waiax73

Hi guys,

I recently moved to the UK, so I don't know too much about the whole deal.

Do you think that Scotland will change the currency IF (and that's a very big 'if') the Scots get independent?
I do understand the 'scottish' pride and all, but it kind of seems to me like quitting a very well paid job someone had for years, just to get self-employed or errmm.... unemployed.

coastline

innovate wrote: »

How much does it cost to run Scotland? Bet you it's a bit more than £10bn a year.

a few details here..

http://www.scotland.gov.uk/Resource/0038/00389321.pdf

Optimist

srcandas wrote: »

As input to this does anyone know how many non scots would be eligible to vote and whether Scots abroad (expats) drawing pensions will have a say ? :beer:

As far as I am aware it will be anybody resident in Scotland at the time of the vote.

innovate

coastline wrote: »

a few details here..

http://www.scotland.gov.uk/Resource/0038/00389321.pdf

Thanks, that's a very interesting document. I hope all those considering a 'yes' vote have thoroughly digested the numbers, and understand the full financial consequences.

It's going to be difficult for Joe Bloggs to get to the real figures, because some gigantic sums aren't split out - e.g.

In Scotland, the gap between public sector revenue and expenditure is not directly reflected in borrowing (or saving) and instead, is part of the overall fiscal stance of the UK public sector.

May be the "No" campaigners will publish all the real numbers.

scott_lithgows

srcandas wrote: »

scott no one thinks the scots cannot rule their own country. What most doubt is that fanatics like AS can do a very good job. And also doubt that Scotland will be better off going it alone.

At the end of the day we are talking about the quality of life of people, families, young, old --- not some flag waving exercise.

I for example am proud to be English but I do not believe England would be better off without Wales, NI and Scotland. I do however believe that if the majority domiciled in Scotland (note not necessarily Scottish) want independence then good luck to them.

But the way some scots (who don't even live in Scotland) rabbit on about how good it would be need IMHO a reality check.

However as you say it will not happen and we will remain strong together. Yes give Scotland more powers but make sure you do the same for England, Wales and NI :beer:

I have no problems with more powers for each of the home nations,it could end up in a United States type model,running our own countries but having a common foreign policy and keeping the British armed forces,(even if that means Britains nuclear arsenal stays on the Clyde)

scott_lithgows

atush wrote: »

If more pwoers go to scotland, I want scottish MPs to be restricted on votes that cover England mainly/only.


Completely unfair for them to have a vote.

Scottish nationalist MP,s abstain on those votes.

rpc

atush wrote: »

If more pwoers go to scotland, I want scottish MPs to be restricted on votes that cover England mainly/only.


Completely unfair for them to have a vote.

As far as I know, most Scots agree with you. I certainly do.

Labour kind of dropped the ball on that one and decided to look after themselves rather than do what was sensible or fair. I can't understand why the coalition haven't changed this.

jennifernil

Optimist wrote: »

As far as I am aware it will be anybody resident in Scotland at the time of the vote.

Presumably you will need to be on the electoral register? Not everyone resident here has a vote at present. And they will need to register all the 16 & 17 year olds they plan to give a vote to.

jennifernil

srcandas wrote: »

Jennifer you cannot have that even less than you do now. Politicians state intentions and then adjust policy to meet changing times. However the SNP politicians are making these promises while having no idea what demands will be placed upon an independent Scotland by the EU, England, the business community, the banking community (as stated earlier, foreign), NATO, etc.

So there will be no details. Independence calls for a leap of faith and that for most is too scary :eek:

As input to this does anyone know how many non scots would be eligible to vote and whether Scots abroad (expats) drawing pensions will have a say ? :beer:

I was more thinking of practical aspects rather than policy decisions.

e.g. How will tax on pensions or wages be deducted when they are paid from somewhere in England? Stuff like that.

How can we decide anything if we don't know whether England, Wales and N.I. will now be considered as foreign countries?

IMHO, UK countries are far too closely entwined economically and fiscally to be separated, it would be a nightmare!

As for expat pensioners.....if they don't want to live here, why should they have a say in our future?