Scotland should be tax guinea pig
Scotland should be made a guinea pig for a 'flat tax scheme' that would free low-paid workers from the burden of income tax, PricewaterhouseCoopers has said.
Link: Businesses shun flat rate VAT scheme
David Clarkson, head of tax at the firm in Scotland, suggested replacing VAT, income tax and capital gains tax across all sectors with a single rate, while raising the threshold for untaxed income.
Clarkson said Scotland was suitable for a pilot because of its relatively high proportion of low-paid workers, and the centralised nature of its Revenue computer system.
Even accountants recognised the need for ‘radical’ change, The Sunday Times reported him as saying.