Henry Brown & Co Chartered Accountants
Map Facebook Twitter picasa 
26 Portland Road · Kilmarnock · Ayrshire · KA1 2EB | Call us on: +44 1563 522308

Scots tax system could ‘move further’ from UK


Tax professionals have warned that Scotland’s workers face "complexity and confusion" as the country’s new tax system comes into effect. Moira Kelly, chairwoman of the CIOT's Scottish Technical Committee, said: "By introducing a new 19p starter rate and a new 21p intermediate rate - as well as increasing the higher and top rates of tax - every Scottish taxpayer who gets their income from a salary, a pension, renting a home or profits from self-employment will now be exposed to as many as five different rates and bands of tax.” Meanwhile, Paul Embleton of Brown Shipley suggested that the new income tax rates and bands set a precedent for Scotland that could see Holyrood “move further from the system in the rest of the UK in future years." Finance Secretary Derek Mackay has said the new income tax rates and bands “will make the system more progressive and deliver additional revenues to invest in public services and the economy.”

Latest News