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The lower earner - £15,000 salary. If you earn a salary of £15,000 in 2025-26 and have no other income, the personal allowance of £12,570 will be deducted and £2,430 will be taxable.
In the 2016/17 tax year it had to set a Scottish Rate of Income Tax (SRIT). [3] The idea of the power was that the UK tax rate would be reduced by 10%, with the block grant being reduced by an equivalent amount. [3] In 2016/17 the Scottish budget set the SRIT at 10%, which left tax rates at the same level as in the rest of the UK. [3]
Taxation in Scotland today involves payments that are required to be made to three different levels of government: to the UK government, to the Scottish Government and to local government. Currently 32.4% of taxation collected in Scotland is in the form of taxes under the control of the Scottish parliament and 67.6% of all taxation collected in ...
6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
The Cabinet Secretary for Finance, Constitution and Economy announced on 21 January 2015 that he had reviewed the proposed rates and bands for residential property transactions. [9] By 2018, an estimated 90% of Scottish home buyers were paying a smaller amount or the same, compared with Stamp duty. [10]
In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.
In 2004, the Scottish Socialist Party launched a "Scrap the Council Tax" campaign, boosted by a poll suggesting 77% of Scots supported the abolition of the tax. [1] A bill proposing a progressive system of taxation based on a household's income was presented in 2005, but was defeated with 12 MSPs in favour, 94 against, and 6 abstaining. [2]
Devolution of Aggregates Levy has been delayed due to long running legal issues surrounding the tax. The Scottish Aggregate Tax is expected to replace the UK Aggregates Levy in April 2026. There are currently plans to introduce a Scottish Building Safety Levy which is planned to be devolved to Scotland by the end of 2024.