TaxAdministrationLocal taxpayers will be better off, says SNP

Local taxpayers will be better off, says SNP

SNP claims most council tax payers will be better off under local income tax proposal

Most council taxpayers would be better off under
SNP‘s proposal for a 3p in the
pound local income tax, finance secretary John Swinney claimed today as he
launched a four-month consultation on the proposal.

The Scottish government’s plans would involve a tax-free personal allowance,
which matches the UK personal allowance; exemptions for savings and investments;
and a separate tax on second homes, The Scotsman reports.

Swinney said the council tax was unfair, regressive and penalised people on
low incomes. ‘The proposal to scrap the council tax and replace it with a local
income tax represents the most progressive overhaul of Scottish taxation in
years and real help for hard-pressed taxpayers,’ he said.

He said he could see no reason why
HM Revenue & Customs
should not collect the tax, but other options were available if necessary,
including a Scottish collection agency.

Further reading:

SNP courts Lib Dems in bid to secure local tax

UK thwarts Scotland’s plan to scrap council tax

Read
story in The Scotsman

Related Articles

LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

3d Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w Emma Smith, Managing Editor
HMRC issues updated Trusts Registration Service guidance

Administration HMRC issues updated Trusts Registration Service guidance

3w Emma Smith, Managing Editor
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

3m Austin Clark, Reporter
Are you ready for the Trusts Registration Service?

Administration Are you ready for the Trusts Registration Service?

3m Helen Thornley, ATT Technical Officer
Advisers bullish despite Brexit concerns

Accounting Standards Advisers bullish despite Brexit concerns

1y Fraser Simpson, Reporter
Brexit: Five questions accountants should be asking

Accounting Firms Brexit: Five questions accountants should be asking

1y Fraser Simpson, Reporter