12-19-23, 01:11 PM
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#1089
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Chief of the Boat
Join Date: Feb 2006
Location: 250 metres below the surface
Posts: 191,320
Downloads: 63
Uploads: 13
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Looks like the SNP are in as little control of public finances as Rishi and Jeremy are.
Quote:
Thousands of Scots face income tax hike as SNP introduce new 45p 'advanced rate' and put a penny on the top band as Humza Yousaf's government scrambles to fill £1.5billion hole in spending plans
Thousands of Scots are facing higher tax bills after the SNP today confirmed the creation of a new 45 per cent 'advanced' rate of income tax.
Shona Robison, the deputy first minister and finance secretary, announced the move to MSPs as she unveiled the Scottish government's latest budget.
The newly-created 'advanced band' will be placed on Scots who earn between £75,000 and £125,140.
Those who earn above £125,140 were also told they will be levied more, with the top rate of income tax in Scotland rising by 1 per cent next year to 48 per cent.
The changes came as the SNP-led Scottish government sought to fill a £1.5billion blackhole in its spending plans.
It means Scotland will have six income tax bands next year, while the rest of the UK has three.
Higher earners in Scotland will pay more than any other part of the country.
https://www.msn.com/en-gb/money/othe...601d8772&ei=18
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__________________
Wise men speak because they have something to say; Fools because they have to say something.
Oh my God, not again!!
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