SNP introduces new 'mansion tax' council tax bands
Scotland's Finance Secretary announces two new council tax bands for properties over £1m, mirroring Labour's policy. The move aims for 'fairness' but experts warn of market distortion.
Scotland's Finance Secretary announces two new council tax bands for properties over £1m, mirroring Labour's policy. The move aims for 'fairness' but experts warn of market distortion.
Scotland's Finance Secretary Shona Robison has announced two new council tax bands for high-value homes, a move mirroring Labour's policy. Discover the impact on property owners and council funding.
Finance Secretary Shona Robison's budget raises the Scottish Child Payment to £40 a week, sparking debate over its state-heavy focus and new taxes. Read the full analysis.
John Swinney's budget refuses tax relief for middle earners, freezing thresholds and widening the Scotland-UK tax gap. Critics slam SNP's 'contempt' for hard-working households.
Finance Secretary Shona Robison's budget, centred on state spending with a £40 weekly child payment, faces opposition criticism for neglecting private enterprise. Analysis inside.
John Swinney's budget refuses tax relief for middle earners, freezing thresholds and widening the Scotland-UK tax gap. Critics slam SNP's 'contempt' for hard-working households.
The SNP's latest Budget freezes income tax thresholds, dragging thousands into higher rates while council tax and a new 'mansion tax' loom. Discover the full financial impact.
The SNP's latest budget freezes higher tax thresholds, dragging thousands into top rates while benefits spending hits £7.2bn. Read the full analysis of the financial impact.
Finance Secretary Shona Robison's Budget faces fierce criticism for failing to address punitive tax rates and boost growth, instead prioritising unsustainable spending. Analysis reveals the impact on professionals, businesses, and public services.
SNP Social Justice Secretary Shirley-Anne Somerville has declared work is not the best escape from poverty, amid a soaring Scottish welfare bill forecast to hit £9bn. Critics slam the stance as fostering a 'toxic dependency culture'.
Scottish households and businesses demand urgent help in this week's budget as rising bills and the highest taxes in the UK push them to breaking point. Will the SNP act?
A coalition of 37 major retailers warns SNP ministers that failing to match England's business rates discount in next week's Budget will push shops to the brink, risking thousands of jobs.
New analysis forecasts the average Scottish salary will breach the higher tax threshold by 2029, sparking a political row over SNP and Labour fiscal policies. Read the full details.
HMRC issues a crucial reminder on tax rules for selling unwanted Christmas presents. Find out if your side hustle or gift sales could lead to an unexpected tax bill.
A 2024 survey reveals a widespread lack of tax understanding in the US, with serious financial consequences. Experts call for urgent education reform.
Scottish Tory leader Russell Findlay expresses scepticism over a budget deal with the SNP government, citing a 'punitive' income tax system. Finance Secretary Shona Robison will set out plans in January.
HMRC clarifies pension tax relief rules after a taxpayer query, advising claimants to monitor their accounts. Key deadlines and processes for automatic and manual claims revealed.
Millions of UK drivers could be eligible for a 100% Vehicle Excise Duty exemption. Discover if you qualify for zero car tax and see the full list of criteria, including disability benefits and classic cars.
HMRC repaid £48.5m to pension savers hit by emergency tax. Check if your tax code ends in 'M1' and learn how to claim your average £3,539 refund now.
PM Keir Starmer told Scottish Labour members that Anas Sarwar's influence shaped the Budget. The SNP seized on the remarks to link Sarwar to contentious policies like the windfall tax.
Millions face a 5% council tax hike next year, adding £114 to typical bills. Discover actionable ways to reduce your payments and challenge your band.
Chancellor Rachel Reeves extends income tax threshold freeze to 2031, dragging over a million pensioners into the tax net. Discover the full impact on retirees and working people.
Scots could face additional tax hikes as SNP ministers refuse to rule out following Rachel Reeves' threshold freeze. Learn how this affects Scottish households.
Chancellor Rachel Reeves announces a 2% tax rise on property, savings and dividend income in her second Budget, targeting fairness. Discover the full details.
Chancellor Rachel Reeves faces tough choices in autumn Budget with VAT, property taxes and pensions relief under review to address £22bn financial gap. Discover the potential changes.
First Minister John Swinney faces scrutiny after denying breaking SNP's 2021 manifesto tax promise. Scottish taxpayers face £1bn shortfall despite higher rates. Read the full investigation.
Self-employed workers and landlords earning over £50,000 must prepare for HMRC's Making Tax Digital for Income Tax, requiring quarterly digital updates from April 2026. Learn how to adapt.
Chancellor Rachel Reeves abandons income tax rise but targets £20-30bn through threshold freezes, EV charges & gambling taxes. Full budget breakdown inside.
Deputy First Minister John Swinney abandons key election pledge as Scottish Government announces income tax increases in major policy reversal, breaking SNP manifesto commitment.
Millions of UK workers face higher income tax bills from April 2024 as frozen thresholds drag more earners into higher brackets. Our comprehensive guide reveals exactly how much extra you'll pay.