Monday 14 May 2012

Scotland Act 2012

The Scotland Act 2012 came into force on 1 May 2012. It reduces the rate of income tax in Scotland to 10% and gives the Scottish Parliament the power to levy income tax in addition to that. It comes into force in April 2016.

HMRC will administer the tax for Scotland which means of course that the long suffering English taxpayer will be paying for the Scots to collect their taxes.

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