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| Version 2 | Version 3 |
|---|---|
| Queen's Speech 2015: Scotland to control 40% of tax and 60% of public spending | Queen's Speech 2015: Scotland to control 40% of tax and 60% of public spending |
| (35 minutes later) | |
| The Scottish Parliament will receive new powers to raise 40% of taxes and decide about 60% of public spending, the Queen's Speech has confirmed. | The Scottish Parliament will receive new powers to raise 40% of taxes and decide about 60% of public spending, the Queen's Speech has confirmed. |
| The Scotland Bill will allow Holyrood to set the thresholds and rates of income tax. | The Scotland Bill will allow Holyrood to set the thresholds and rates of income tax. |
| A portion of VAT and the whole of Air Passenger Duty will also be under the Edinburgh parliament's control. | A portion of VAT and the whole of Air Passenger Duty will also be under the Edinburgh parliament's control. |
| The Barnett Formula, which determines the money the devolved Scottish government receives, will be reduced. | The Barnett Formula, which determines the money the devolved Scottish government receives, will be reduced. |
| The UK government said the new Scotland Bill would embody the Smith Commission agreement which was signed by the SNP, the Conservatives, Labour, the Liberal Democrats and the Scottish Greens in November last year. | The UK government said the new Scotland Bill would embody the Smith Commission agreement which was signed by the SNP, the Conservatives, Labour, the Liberal Democrats and the Scottish Greens in November last year. |
| The promise of more powers to Holyrood followed voters rejecting Scottish independence by 55% to 45% in September's referendum. | |
| The key elements of the Scotland Bill include: | The key elements of the Scotland Bill include: |
| Reacting to the speech, SNP MP Pete Wishart said: "We will take a very keen interest as this [Scotland Bill] goes through - it was 100 days we were promised that this would be brought forward, we want to see that bill, we want it debated. | |
| "The last parliament was a 'zombie parliament', it is certainly going to be a busy parliament this time with 21 bills and four massive constitutional bills to get through, so I think we are going to be working hard." | |
| Before the Queen's Speech, SNP leader and Scotland's First Minister Nicola Sturgeon said she wanted the Scotland Bill to go much further than the Smith proposals. | |
| She had been keen to see Holyrood given full control over National Insurance; the minimum wage; Corporation Tax; full control of welfare and employment and trade union law. | |
| However, the Bill does not contain any of those demands. | |
| England-only MPs | |
| The majority Conservative government said the purpose of the new legislation was to ensure that wherever you lived in the UK you would have a "government that is on your side and representing your interests". | |
| In her address to peers and MPs, the Queen outlined that changes would be made to the rules of the House of Commons, which would ensure that only MPs representing English constituencies could vote on legislation affecting England alone. | |
| Her speech explained: "These changes will create fairer procedures to ensure that decisions affecting England, or England and Wales, can be taken only with the consent of the majority of members of parliament representing constituencies in those parts of our United Kingdom." |