Statutory Debt Advice Levy

The Tackling Problem Debt Working Group is a working group that has been established by the Scottish Government in response to the fact they will be taking responsibility for how the Financial Conduct Authority Debt Advice Levy is spent in Scotland.

The Group has stated it will be looking to develop a new debt route map, which will outline a vision for what steps are necessary to achieve a sustainable, effective and user-centred debt advice system in Scotland by 2025.

As Scotland’s local authority funded money advice services have suffered 45% cuts since 2014-15, I have drafted a paper outlining a proposal for a Scottish Debt Advice Levy and asked the Group to consider the proposal.

The proposal can be read here.

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