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Treasury set for windfall from SNP's income tax hike


The OBR has predicted that the SNP’s introduction of higher income tax rates in Scotland will lead to the tax take south of the Border increasing. Projections published alongside Philip Hammond’s Spring Statement said the Treasury could expect to receive an extra £23m income tax next year if a small number of top rate taxpayers – “in the low tens” – migrated to the rest of the UK.

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