Scotland will increase tax same amount or else it won’t see increased funding from central UK pot.
Control over the basic rate is not devolved, so if that rises it will apply here too.
Scotland will do the same having the scapegoat of UK government doing it first (even though Scottish tax payers pay more per £ earned through the tax bands than the rest of the UK).
Whatever the tax rises by, we’ll go further.
[deleted]
And this will be the death knell really, I physically cannot afford to pay more taxes and the services I get dont cut it either
“Oh shit there was still a pledge we hadn’t broken? Hold my beer”
Evil person. We need a wealth tax now. Why should billionaires keep excessive wealth when the taxpayer has to fork out even more money to cover labour and Tory austerity.
Shortly after the budget we’ll no doubt hear the old “broadest shoulders” and “pay just a bit more” as the Scottish government uses it as an excuse to ramp up the income tax bands again.
I can’t afford to pay more taxes.
Well for many now , their council tax is more than 50% of their mortgage, and interest rates are high…. They can just do it anyway, there is absolutely nothing we can do about it, just take my salary and leave me a little (please) for some bread and some iron bru
1p on the basic rate before a wealth tax or any means testing of pensioner benefits is the end of Labour as an electoral force in England (I think that has already occurred in Scotland and Wales).
Reformers looks on from the wings, rubbing their hands and licking their lips in anticipation of the next general election…
IIRC Scotland has the power to vary income tax +/- a small amount.
historically they have not wanted to put it up, knowing thats a serious negative and work heads south, one wonders if the time may be right to either keep the effective rate the same or put it up less than the rest of the UK and try to attract more work north
Scotland has the power, maybe time to flex it a bit
Fuck labour and fuck these taxes, taxed over 40% then taxed on every fucking penny yi spend
By 2030 we’ll be paying 70% income tax because the triple lock is taking up half of all government spending. All schools are closed and all roads are crumbling so your gran can go on her 15th mega holiday of the year.
Imagine if you will a section of society that can afford more taxes with little to no disruption to their lives. A section of society that hides it’s wealth on paper never touching it yet enjoying the benefits through loans to avoid paying taxes. A section we used to tax with no problem.
Imagine no more because they exist and because we don’t tax them the economy and society is in the shit.
The solution. Start taxing them properly with a wealth tax. If they want to leave then they forego 70% of their assets over 1 million to the public purse. They earned it here so they should be taxed for it here. Also, close the tax loopholes that allow this in the first place. Got 10 mil in assets then prove you paid the full tax on that 10 mil. If you can’t then that tax is due.
We need to stop dicking around as a society and attacking the bottom and now the middle while letting the top laugh at us.
Just start drilling
Lots of these answers are incorrect. Income tax rates are devolved. If rates rise in the rest of the UK, the increase won’t automatically apply in Scotland.
However – the Scottish Government’s budget is partially determined by something called a ‘block grant adjustment’ or BGA. This reduces the Scottish block grant (the funding received directly from Westminster) by the amount of income tax revenue that would have been raised in Scotland had income tax not been devolved (this isn’t exactly how it’s calculated, but it’s the easiest way to think about it).
So if tax revenue in the rest of the UK rises because rates are higher, the BGA – the deduction from the Scottish block grant – will be larger. In other words – if the UK government raises income rates, the Scottish government will get less money to spend (roughly in proportion to how much revenue the tax would have raised in Scotland).
In response to that, the easiest tool the Scottish Government has to raise revenue is to increase Scottish income tax rates. It might do that in a different way to the UK (probably more targeted at high earners), but rates would have to go up.
The alternative would be cutting planned spending, or raising revenue through one of the other devolved taxes (though those aren’t likely to be big enough if income tax goes up a lot).
The slight caveat to this is that the UK government raised taxes *and* increased spending, the Scottish Government’s budget would be partially compensated by a larger block grant, if the spending went on devolved policy areas. But the UK government is looking at tax increases to offset a down grade in the economic forecast, not find new spending so that’s unlikely.
Tl:Dr version – it won’t increase income tax in Scotland automatically, but will probably mean the Scottish Government will have to increase income tax to avoid cutting spending.
The comments on this thread are very different to normal it’s normally all about we can all pay more tax to get better services, seems the reality is that just like south of the border people don’t actually want to pay for anything.
The top 10% of the population pays 60% of all income tax.
What broadest shoulders? How much more broad can they be?
From my understanding, Scotland income tax can be the same as or higher that the rate set by Westminster but can’t be less than. How that would work within the Scottish system? I have no idea
I think the way it works is that Scotland can both flex the bands and the rates of income tax if it wants.
Should never have made this pledge when everyone knew you would have to reverse the tories cutting taxes before the election.
(Labour making promises they obvioy couldn’t keep. I’m not overly fussed [at this initial stage] with tax rates being raised, clearly “something had to give”).
SNP would use the opportunity to raise income tax by at least the same amount (and probably blame Westminster for it).
Gotta pay for the millionaire generation’s triple lock and cruises somehow! We will just get shafted like the rest of the UK – it will just be a double shafting, once from Labour and then by the SNP at their next budget.
There’s a few things that could be played about with before this gets looked at imo.
Eg we should massively amend the thresholds as they’re all far too low. If not that, CGT should be equalised with income taxes.
In any case i know neither of those won’t happen but I don’t understand how a pensioner who has an enormous pot and drawdown shouldn’t be paying NI when someone working on a much lower wagw doesn’t.
Yes. Unless they raise taxes equivalently, the block grant would reduce proportionally.
We already have significantly higher tax rates and more punitive thresholds that the rest of the UK. I’m sure the SNP wouldn’t miss any opportunity to raise income taxes again.
Just don’t tax the wealthy
Given that Income tax is devolved but the Scottish Government has followed Westminster’s tax plan virtually 1-for-1 (actually taxes slightly higher) and kept the same stupid stuff like the 2027 freeze. I’d say if it goes up, I wouldn’t be surprised if Scot Gov follows suit in the near future
Watch the link of Richard Murphy below.
He gives details from HMRC about numbers of millionaires and what they’re worth.
I m only asking you too watch it for the data nothing else. https://youtu.be/d3YcZWDYMxs?si=mtG3vMn22Y2zK3Rc
Bet the tax rise will still be less than we pay in Scotland.
But yeah freedom
Is anyone surprised 🙄 the bitch couldn’t lie straight in bed! Letting this shower of cun.s govern the place in the first place ❗ 🤬
Yeah raising taxes is only okay when the snp does it xD
As long as it’s the super rich then fine.
Yeah. They’d also take aim at anyone earning 40-74k and paint them as ‘high earners’ and make them take it up the arse as usual. I paid 3k in tax last year and I sure as fuck don’t think I should be paying any more.
BREAK YOUR STUPID BREXIT PLEDGE INSTEAD YOU ASSHATS
39 comments
Scotland will increase tax same amount or else it won’t see increased funding from central UK pot.
Control over the basic rate is not devolved, so if that rises it will apply here too.
Scotland will do the same having the scapegoat of UK government doing it first (even though Scottish tax payers pay more per £ earned through the tax bands than the rest of the UK).
Whatever the tax rises by, we’ll go further.
[deleted]
And this will be the death knell really, I physically cannot afford to pay more taxes and the services I get dont cut it either
“Oh shit there was still a pledge we hadn’t broken? Hold my beer”
Evil person. We need a wealth tax now. Why should billionaires keep excessive wealth when the taxpayer has to fork out even more money to cover labour and Tory austerity.
Shortly after the budget we’ll no doubt hear the old “broadest shoulders” and “pay just a bit more” as the Scottish government uses it as an excuse to ramp up the income tax bands again.
I can’t afford to pay more taxes.
Well for many now , their council tax is more than 50% of their mortgage, and interest rates are high…. They can just do it anyway, there is absolutely nothing we can do about it, just take my salary and leave me a little (please) for some bread and some iron bru
1p on the basic rate before a wealth tax or any means testing of pensioner benefits is the end of Labour as an electoral force in England (I think that has already occurred in Scotland and Wales).
Reformers looks on from the wings, rubbing their hands and licking their lips in anticipation of the next general election…
IIRC Scotland has the power to vary income tax +/- a small amount.
historically they have not wanted to put it up, knowing thats a serious negative and work heads south, one wonders if the time may be right to either keep the effective rate the same or put it up less than the rest of the UK and try to attract more work north
Scotland has the power, maybe time to flex it a bit
Fuck labour and fuck these taxes, taxed over 40% then taxed on every fucking penny yi spend
By 2030 we’ll be paying 70% income tax because the triple lock is taking up half of all government spending. All schools are closed and all roads are crumbling so your gran can go on her 15th mega holiday of the year.
Imagine if you will a section of society that can afford more taxes with little to no disruption to their lives. A section of society that hides it’s wealth on paper never touching it yet enjoying the benefits through loans to avoid paying taxes. A section we used to tax with no problem.
Imagine no more because they exist and because we don’t tax them the economy and society is in the shit.
The solution. Start taxing them properly with a wealth tax. If they want to leave then they forego 70% of their assets over 1 million to the public purse. They earned it here so they should be taxed for it here. Also, close the tax loopholes that allow this in the first place. Got 10 mil in assets then prove you paid the full tax on that 10 mil. If you can’t then that tax is due.
We need to stop dicking around as a society and attacking the bottom and now the middle while letting the top laugh at us.
Just start drilling
Lots of these answers are incorrect. Income tax rates are devolved. If rates rise in the rest of the UK, the increase won’t automatically apply in Scotland.
However – the Scottish Government’s budget is partially determined by something called a ‘block grant adjustment’ or BGA. This reduces the Scottish block grant (the funding received directly from Westminster) by the amount of income tax revenue that would have been raised in Scotland had income tax not been devolved (this isn’t exactly how it’s calculated, but it’s the easiest way to think about it).
So if tax revenue in the rest of the UK rises because rates are higher, the BGA – the deduction from the Scottish block grant – will be larger. In other words – if the UK government raises income rates, the Scottish government will get less money to spend (roughly in proportion to how much revenue the tax would have raised in Scotland).
In response to that, the easiest tool the Scottish Government has to raise revenue is to increase Scottish income tax rates. It might do that in a different way to the UK (probably more targeted at high earners), but rates would have to go up.
The alternative would be cutting planned spending, or raising revenue through one of the other devolved taxes (though those aren’t likely to be big enough if income tax goes up a lot).
The slight caveat to this is that the UK government raised taxes *and* increased spending, the Scottish Government’s budget would be partially compensated by a larger block grant, if the spending went on devolved policy areas. But the UK government is looking at tax increases to offset a down grade in the economic forecast, not find new spending so that’s unlikely.
Tl:Dr version – it won’t increase income tax in Scotland automatically, but will probably mean the Scottish Government will have to increase income tax to avoid cutting spending.
The comments on this thread are very different to normal it’s normally all about we can all pay more tax to get better services, seems the reality is that just like south of the border people don’t actually want to pay for anything.
The top 10% of the population pays 60% of all income tax.
What broadest shoulders? How much more broad can they be?
From my understanding, Scotland income tax can be the same as or higher that the rate set by Westminster but can’t be less than. How that would work within the Scottish system? I have no idea
I think the way it works is that Scotland can both flex the bands and the rates of income tax if it wants.
Should never have made this pledge when everyone knew you would have to reverse the tories cutting taxes before the election.
(Labour making promises they obvioy couldn’t keep. I’m not overly fussed [at this initial stage] with tax rates being raised, clearly “something had to give”).
SNP would use the opportunity to raise income tax by at least the same amount (and probably blame Westminster for it).
Gotta pay for the millionaire generation’s triple lock and cruises somehow! We will just get shafted like the rest of the UK – it will just be a double shafting, once from Labour and then by the SNP at their next budget.
There’s a few things that could be played about with before this gets looked at imo.
Eg we should massively amend the thresholds as they’re all far too low. If not that, CGT should be equalised with income taxes.
In any case i know neither of those won’t happen but I don’t understand how a pensioner who has an enormous pot and drawdown shouldn’t be paying NI when someone working on a much lower wagw doesn’t.
Yes. Unless they raise taxes equivalently, the block grant would reduce proportionally.
We already have significantly higher tax rates and more punitive thresholds that the rest of the UK. I’m sure the SNP wouldn’t miss any opportunity to raise income taxes again.
Just don’t tax the wealthy
Given that Income tax is devolved but the Scottish Government has followed Westminster’s tax plan virtually 1-for-1 (actually taxes slightly higher) and kept the same stupid stuff like the 2027 freeze. I’d say if it goes up, I wouldn’t be surprised if Scot Gov follows suit in the near future
Watch the link of Richard Murphy below.
He gives details from HMRC about numbers of millionaires and what they’re worth.
I m only asking you too watch it for the data nothing else.
https://youtu.be/d3YcZWDYMxs?si=mtG3vMn22Y2zK3Rc
Bet the tax rise will still be less than we pay in Scotland.
But yeah freedom
Is anyone surprised 🙄 the bitch couldn’t lie straight in bed! Letting this shower of cun.s govern the place in the first place ❗ 🤬
Yeah raising taxes is only okay when the snp does it xD
As long as it’s the super rich then fine.
Yeah. They’d also take aim at anyone earning 40-74k and paint them as ‘high earners’ and make them take it up the arse as usual. I paid 3k in tax last year and I sure as fuck don’t think I should be paying any more.
BREAK YOUR STUPID BREXIT PLEDGE INSTEAD YOU ASSHATS
Comments are closed.