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Scottish Budget sees tax rises for some

14 December 2017

Finance Secretary Derek Mackay has introduced a new intermediate rate of 21p for those earning between 24,000 and 44,290 in his Scottish draft budget for 2018-19.

A new Scottish starter rate will also be introduced, meaning those who earn between 11,850 and 13,850 will pay tax at 19%.

The higher and additional tax rates have also been increased by a penny to 41p and 46p respectively.

Mackay explained that the changes mean those earning below 26,000 will pay a little less tax then elsewhere in the UK. There will be no change for those earbning less than 33,000.

The big news is the 3% increase in public sector pay for those earning less than 30,000. Those earning over this thresholds will be given a 2% increase. There is, however, a cap of 1,600 on any pay increases for those earning over 80,000 in the public sector.

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