Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential effect on the Scottish economy of devolution of corporation tax to Northern Ireland.

Devolution of a corporation tax rate-setting power to the Northern Ireland Assembly has the potential to help rebalance the Northern Ireland economy. The UK Government will activate this power if the Northern Ireland parties meet their commitments in the Stormont House Agreement, which includes demonstrating that its finances are on a sustainable footing for the long-term.

It is not possible to determine the exact impact of devolution on any other parts of the UK as any impact will depend on a number of factors, including the rate set and when the regime comes into effect. But a thriving, prosperous Northern Ireland will have benefits for the whole UK economy, not just Northern Ireland.