/Higher earners in Scotland to pay more in taxes
Higher earners in Scotland to pay more in taxes

Higher earners in Scotland to pay more in taxes

Higher earners in Scotland to pay more in taxes

Higher earners in Scotland to pay more in taxes

Scottish Finance Secretary Shona Robison announced a new 45% tax rate, as part of her budget.

It will apply to earnings between £75,000 and £125,140.

In addition, the top rate of tax for the highest earners is increasing from 47% to 48%.  Those earning £100,000 will paying more than those in the rest of the UK.

Shona Robison also confirms plans for a council tax freeze.

Ms Robison begins her budget statement saying these are “tough times”.  She had responsibility with plugging an estimated £1.5bn hole in Scotland’s books.

The finance secretary told the chamber: “We’re fighting Westminster austerity with one hand tied behind our back.”

Councils given £1.5m to eliminate school meal debt for pupils across the country.  Free meals continue for primary 1 – 5 schoolchildren.

The Fraser of Allander Institute says the government is facing a funding shortfall of about £1.5bn.

Scottish Labour describe the budget as “chaotic”, while the Scottish Conservatives say the government is not taking responsibility for Scotland’s fiscal circumstances.

 

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