Revenue Scotland and Tax Powers Act 2014 section 12

Annual report

Section 12 requires Revenue Scotland to prepare and publish an annual report on its activities, and allows it to publish additional reports as it sees fit.

• Revenue Scotland must prepare and publish a report on its functions as soon as possible after each financial year ends.
• A copy of the annual report must be sent to the Scottish Ministers and laid before the Scottish Parliament.
• A financial year runs to 31 March each year, with the first financial year starting from the date Revenue Scotland was established.
• Revenue Scotland may also publish other reports and information on matters relevant to its functions whenever it considers it appropriate to do so.