Scottish Budget hits higher earners with new 45% tax band

Scotland has introduced a new tax band set at 45% of earnings between £75,000 and £125,140.

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High earners in Scotland to pay more tax

Today’s Scottish Budget saw middle and higher earners hit with an additional tax bill from next year.

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Autumn Statement: Chancellor drags more into 45p-rate tax

Chancellor Jeremy Hunt will drag more taxpayers into the 45p additional tax rate by cutting the income tax threshold, he announced in his Annual Statement today.

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What’s left from the mini-budget? More than you think

 

It was was a landmark government u-turn yesterday when new Chancellor Jeremy Hunt scrapped almost all of the mini-Budget published by his predecessor Kwasi Kwarteng.

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