Scots earning more than £33,000 will be hit by income tax rises next year after Finance Secretary Derek Mackay announced radical reform of the levy in his budget.
Mr Mackay announced the creation of two new tax bands – an “intermediate” band and a “starter band” – which split the old basic band into three. Finance Secretary Derek Mackay and Scotland’s First Minister Nicola Sturgeon, arrive at the Scottish Parliament. (Photo by Jeff J Mitchell/Getty Images) Under his plans, the rate of income tax paid in the intermediate band – from £24,000 to £44,273 – would be increased […]
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