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Tax

Warning from OBR

Growing tax divide may force higher paid out of Scotland

Derek Mackay: insisting on a ‘fairer system’ (pic: Terry Murden)   A key UK government adviser on the economy has warned that the divergence in tax rates for higher earnersRead More

Budget 2018: Scottish tax

Mackay hints at no income tax cut for Scots

Derek Mackay at Hoyrood
Derek Mackay: ‘Scotland has a fairer system’   Scotland’s Finance Secretary Derek Mackay has hinted that he will not pass on the income tax cuts announced by Chancellor Philip HammondRead More

Report on tax and spend

Scots support tax hikes to pay for public services

Income tax own pic
Raising taxes to pay for services is more popular in Scotland (pic: Terry Murden)   A majority of Scottish people would support higher taxes to boost investment in public services,Read More

Poor awareness of devolved powers

Public unclear over which parliament is raising taxes

Charlotte Barbour, Jim Robertson and Joanne Walker
Taxing issues: Charlotte Barbour, Jim Robertson and Joanne Walker of the Scottish Taxes Policy Forum (pic: Terry Murden)   Confusion over the Scottish tax system is rife, with the publicRead More

Scots below average claimants

Tax advisers pounce to offer R&D relief to Scots firms

Taxing issue: more advice on offer   New data on tax relief for research and development has triggered a wave of interest from specialist tax advisers encouraging firms to takeRead More

LBTT lower than expected

Mackay likely to miss property sales tax target

Derek Mackay addressing Scottish Property Federation
Scottish Finance Secretary Derek Mackay is likely to miss his target for raising tax from property after new figures reveal ...

Another U-Turn by Hammond

Chancellor under attack for ditching tax cut pledge

Philip Hammond, reversing national insurance pledge
A plan to cut national insurance payments for the self-employed has been...

Savings plan for elderly

Care ISA ‘would only benefit wealthy’, say critics

Elderly care
A new 'Care Isa' that allows people to ringfence some of their savings from inheritance tax will only benefit..

SNP accused of tinkering

Labour urges tax reform as super rich income rockets

Money - own pic
Labour is calling for further tax reform after revealing data showing how the income of the super rich has almost doubled in just five years.

As historic change takes place...

Expert questions value of income tax changes

Income tax own pic
Scotland's new tax regime kicks in to effect tomorrow with one expert questioning whether