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Income tax in Scotland is a tax of personal income gained through employment. This is a tax controlled by the Scottish Parliament, [clarification needed] and collected by the UK government agency HM Revenue & Customs. Since 2017, the Scottish Parliament has had the ability to set income tax rates and bands, apart from the personal allowance. [1]
From 1 April 2024, the salary of a Member of the Scottish Parliament is £72,196. Additional amounts are paid to ministers and officers of the Parliament. Both the Lord Advocate and the Solicitor General for Scotland receive the equivalent of an MSP salary included with their Law Officer salaries. [3]
The creation of a devolved Scottish parliament in 1999 was accompanied by a limited transfer of taxation powers: the Scotland Act 1998 transferred the power to legislate for local taxation and also the power to vary income tax by plus or minus 3 pence in the pound. Most taxation powers in Scotland following the creation of the parliament ...
The Scottish government is reportedly considering introducing a new tax band to shore up its budget.
The Council Tax Reduction (Scotland) Amendment Regulations 2024 ... The Budget (Scotland) Act 2023 Amendment Regulations 2024 (S.S.I. 2024 No. 99) [99]
The Scottish Landfill Tax (Standard Rate and Lower Rate) Order 2023 (S.S.I. 2023 No. 50) [51] The Abusive Behaviour and Sexual Harm (Scotland) Act 2016 (Commencement No. 3, Transitional and Saving Provisions) Regulations 2023 (S.S.I. 2023 No. 51 (C. 5)) [ 52 ]
[1] [2] The Revenue Scotland and Tax Powers Act (RSTPA) 2014, which established the legal basis for the operation of Revenue Scotland, was passed by the Scottish Parliament in August 2014. [3] [4] Revenue Scotland was founded on 1 January 2015, becoming the first Scotland-wide tax collection system in more than 300 years. [5] [6]
MSPs vote 68–55 in favour of the 2024 Scottish budget, which includes a council tax freeze and 45% and 48% income tax rates for higher earners. [ 64 ] Fergus Ewing loses his appeal against a week-long suspension from the SNP group at Holyrood in September 2023 after he criticised the party leadership.