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Scotland unlikely to see tax hikes

19-11-2020

Finance Secretary Kate Forbes says people in Scotland are unlikely to face tax rises or fresh austerity cuts in the upcoming budget, telling MSPs that "now is not the time" to raise taxes. Ahead of her 2021/22 budget, which is to be published in January, she told Holyrood's finance committee that think-tanks broadly agree that “now is not the time for fiscal consolidation.” Ms Forbes also said the relative performance of Scottish taxation compared with the rest of the UK was "critical".

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