Tax hike threat to Scottish businesses

Scotland’s standing as a place to do business could be dented by plans to arm
its government with tax-raising powers, a new report has said.

There is a proposal on the table which could see the tax rate in Scotland cut
by 10p, then allowing the Scottish government to raise it back up to the level

A report entitled Conversations with Scottish Business found that 57 per cent
of firms thought a two-tier tax system in the UK would have “considerable impact
” in cost, administration and time,
Daily Express reported

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