Scotland Considering High 50% Tax Rate

Scotland Income Tax Rise..

SNP Finance Minister Derek Mackay is looking over plans to raise the top rate of income tax to 50 per cent.

This action could drive some of the higher tax payers to move south into England.… Read the rest

Scotland Income Tax Rise..

SNP Finance Minister Derek Mackay is looking over plans to raise the top rate of income tax to 50 per cent.

This action could drive some of the higher tax payers to move south into England.… Read the rest

Income Tax Rates in Scotland

Scottish Income Tax Rates..

From April 2017, the income tax rates and bands payable by Scottish taxpayers will be those set by the Scottish Parliament.

The Scottish rates and bands will then be set annually by the Scottish Parliament.

Standard … Read the rest

Scottish Income Tax Rates..

From April 2017, the income tax rates and bands payable by Scottish taxpayers will be those set by the Scottish Parliament.

The Scottish rates and bands will then be set annually by the Scottish Parliament.

Standard … Read the rest

UK Income Tax Allowances 2017

Changes to UK Income Tax Allowances in 2017..

The UK Spring Budget 2017 speech announced the following changes that affect UK Income Tax Allowances.

Dividend Allowance

The tax-free dividend allowance is being reduced from £5,000 to £2,000 with effect from … Read the rest

Changes to UK Income Tax Allowances in 2017..

The UK Spring Budget 2017 speech announced the following changes that affect UK Income Tax Allowances.

Dividend Allowance

The tax-free dividend allowance is being reduced from £5,000 to £2,000 with effect from … Read the rest

Income Tax in Canada 2017

Canada Income Tax Rates in each Province..

Canada has both a Federal Tax Rate and a Provincial Income Tax Rate, charged on taxpayers.

The Province with the highest Combined Income Tax rate, for a $50,000 income in 2017, is Quebec … Read the rest

Canada Income Tax Rates in each Province..

Canada has both a Federal Tax Rate and a Provincial Income Tax Rate, charged on taxpayers.

The Province with the highest Combined Income Tax rate, for a $50,000 income in 2017, is Quebec … Read the rest