TDYER63 Posted December 14, 2017 Share Posted December 14, 2017 New tax bands 19% £11851-13850 20% £13851-24k 21% £ 24001 - 44273 44% £ 44,274 - 150k 46% over 150k Quote Link to comment Share on other sites More sharing options...
TDYER63 Posted December 14, 2017 Author Share Posted December 14, 2017 36 minutes ago, TDYER63 said: New tax bands 19% £11851-13850 20% £13851-24k 21% £ 24001 - 44273 44% £ 44,274 - 150k 46% over 150k Sorry 41% for 44274 -150k ! Quote Link to comment Share on other sites More sharing options...
Toepoke Posted December 14, 2017 Share Posted December 14, 2017 In layman's terms I believe if you earn below £33000 p.a. you're paying less tax, otherwise you're paying more tax than before. Quote Link to comment Share on other sites More sharing options...
Parklife Posted December 14, 2017 Share Posted December 14, 2017 24 minutes ago, Toepoke said: In layman's terms I believe if you earn below £33000 p.a. you're paying less tax, otherwise you're paying more tax than before. Sky News openly lying about it and having to be corrected by Nicola Sturgeon: Nicola SturgeonVerified account @NicolaSturgeon FollowFollow @NicolaSturgeon More Nicola Sturgeon Retweeted Sky News This is not accurate @skynews - everyone earning less than £33,000 will actually pay slightly less tax. Nicola Sturgeon added, Sky NewsVerified account @SkyNews Income tax rises for people in Scotland earning over £24,000 a year http://news.sky.com/story/income-tax-rises-for-people-in-scotland-earning-over-24000-a-year-11170623 … 7:22 AM - 14 Dec 2017 599 Retweets 786 Likes 68 replies599 retweets786 likes Reply 68 Retweet 599 Like 786 Direct message Quote Link to comment Share on other sites More sharing options...
TDYER63 Posted December 14, 2017 Author Share Posted December 14, 2017 4 minutes ago, Parklife said: Sky News openly lying about it and having to be corrected by Nicola Sturgeon: Nicola SturgeonVerified account @NicolaSturgeon FollowFollow @NicolaSturgeon More Nicola Sturgeon Retweeted Sky News This is not accurate @skynews - everyone earning less than £33,000 will actually pay slightly less tax. Nicola Sturgeon added, Sky NewsVerified account @SkyNews Income tax rises for people in Scotland earning over £24,000 a year http://news.sky.com/story/income-tax-rises-for-people-in-scotland-earning-over-24000-a-year-11170623 … 7:22 AM - 14 Dec 2017 599 Retweets 786 Likes 68 replies599 retweets786 likes Reply 68 Retweet 599 Like 786 Direct message Funnily enough the incorrect band I posted I got from Sky’s initial ‘ breaking news ‘! Quote Link to comment Share on other sites More sharing options...
Orraloon Posted December 14, 2017 Share Posted December 14, 2017 2 minutes ago, TDYER63 said: Funnily enough the incorrect band I posted I got from Sky’s initial ‘ breaking news ‘! These folk rely on gullible folk retelling their lies for them. So, just stop doing it. Quote Link to comment Share on other sites More sharing options...
TDYER63 Posted December 14, 2017 Author Share Posted December 14, 2017 4 minutes ago, Orraloon said: These folk rely on gullible folk retelling their lies for them. So, just stop doing it. 😂 I know, I have a bloody cheek accusing the Daily Mail of circulating shite . Quote Link to comment Share on other sites More sharing options...
drew Posted December 14, 2017 Share Posted December 14, 2017 Something had to be done. I take a bit of a financial hit (need to calculate exact amount) but it will be worth it if the money is well spent on protecting and improving the public sector. I'd love to see a proper overhaul of the tax bands by placing them at 0%, 10%, 20%, 30%, 40% and 50% but no party is going to consider that idea apart from the Greens. Quote Link to comment Share on other sites More sharing options...
hampden_loon2878 Posted December 14, 2017 Share Posted December 14, 2017 If spent and handled correctly i cant see that much people disapproving, altough we will need to see the results in the nhs and education to justify it Quote Link to comment Share on other sites More sharing options...
min Posted December 14, 2017 Share Posted December 14, 2017 1 hour ago, Parklife said: Sky News openly lying about it and having to be corrected by Nicola Sturgeon: Nicola SturgeonVerified account @NicolaSturgeon FollowFollow @NicolaSturgeon More Nicola Sturgeon Retweeted Sky News This is not accurate @skynews - everyone earning less than £33,000 will actually pay slightly less tax. Nicola Sturgeon added, Sky NewsVerified account @SkyNews Income tax rises for people in Scotland earning over £24,000 a year http://news.sky.com/story/income-tax-rises-for-people-in-scotland-earning-over-24000-a-year-11170623 … 7:22 AM - 14 Dec 2017 599 Retweets 786 Likes 68 replies599 retweets786 likes Reply 68 Retweet 599 Like 786 Direct message To be fair, it's mostly spin from Sturgeon - the SNP are trying to take credit for the Tory rise in the personal allowance from £11,500 to £11,850. Looking only at the SNP adjustments, the 19% band will save a taxpayer a maximum of £20/year. The 21% band will recoup at least that from everyone earning £26k or more. Anyone earning £26k or more will pay more tax as a result of the Scottish budget. Quote Link to comment Share on other sites More sharing options...
aaid Posted December 14, 2017 Share Posted December 14, 2017 29 minutes ago, min said: To be fair, it's mostly spin from Sturgeon - the SNP are trying to take credit for the Tory rise in the personal allowance from £11,500 to £11,850. Looking only at the SNP adjustments, the 19% band will save a taxpayer a maximum of £20/year. The 21% band will recoup at least that from everyone earning £26k or more. Anyone earning £26k or more will pay more tax as a result of the Scottish budget. That's an interesting spin but unfortunately isn't correct. The threshold over which people will pay more tax than they currently do is £33k, not £26k. Quote Link to comment Share on other sites More sharing options...
killiefaetheferry Posted December 14, 2017 Share Posted December 14, 2017 BBC Radio Scotland Quote Link to comment Share on other sites More sharing options...
killiefaetheferry Posted December 14, 2017 Share Posted December 14, 2017 They've told a guy at a Cumbernauld factory on under 24k a year he is going to pay more tax and asked him to comment Quote Link to comment Share on other sites More sharing options...
Ally Bongo Posted December 14, 2017 Share Posted December 14, 2017 (edited) Coveniently most of the MSM seem to be omitting taking the personal tax free allowance into account when they are spouting the £24,000 figure Edited December 14, 2017 by Ally Bongo Quote Link to comment Share on other sites More sharing options...
Orraloon Posted December 14, 2017 Share Posted December 14, 2017 It's just tinkering around the edges really and anybody who can be bothered to work out what it actually means to them will very quickly realise that. But it's probably are far as they can realistically go. The Westminster Tories "gave" them this income tax "power" as a trap that they hoped the SNP would dive head first into. So far they have resisted that temptation. They have snaffled the tiny amount of crumbs left lying around the trap without being daft enough to sink their teeth into the bait. I just hope they don't risk going any further than this in future budgets. They can't afford to risk pushing it too far. Quote Link to comment Share on other sites More sharing options...
Toepoke Posted December 14, 2017 Share Posted December 14, 2017 Rough and ready reckoner... Quote Link to comment Share on other sites More sharing options...
min Posted December 14, 2017 Share Posted December 14, 2017 1 hour ago, aaid said: That's an interesting spin but unfortunately isn't correct. The threshold over which people will pay more tax than they currently do is £33k, not £26k. No spin at all and 100% correct, I'm merely separating the impact that the Westminster and Holyrood budgets will have on the Scottish tax payer, something the SNP are reluctant to do. I am all for a progressive tax system, but despise rhe disingenuous politician speak surrounding these announcements. One thing is indisputable - people in Scotland earning £26k+ will, from April, be paying more tax than those on the same salary elsewhere in the UK. Quote Link to comment Share on other sites More sharing options...
aaid Posted December 14, 2017 Share Posted December 14, 2017 1 hour ago, min said: No spin at all and 100% correct, I'm merely separating the impact that the Westminster and Holyrood budgets will have on the Scottish tax payer, something the SNP are reluctant to do. I am all for a progressive tax system, but despise rhe disingenuous politician speak surrounding these announcements. One thing is indisputable - people in Scotland earning £26k+ will, from April, be paying more tax than those on the same salary elsewhere in the UK. A fact you conveniently omitted from your original post - a bit disingenuous yourself, IMHO - hence the spin. If we're comparing against the rest of the UK then you'll accept that for the majority of Scottish taxpayers they will pay less tax than if they were elsewhere in the UK. Of course setting the personal allowance is not something the Scottish Government can do anything about as that is reserved however what they have effectively done - with the introduction of the new starter rate is to put about an extra £100 on the personal allowance for anyone earning £13850 or more. To suggest that the increased personal allowance is some sort of present from the UK government is incorrect, its the Scottish goverment that has to deal with the impact of that but for which it has no control. So in fact what has happened is that the SG has - effectively - raised the personal allowance by a greater amount than the UK government. Quote Link to comment Share on other sites More sharing options...
DoonTheSlope Posted December 17, 2017 Share Posted December 17, 2017 What are we all going to spend our extra £25 a week on? Im thinking of having a blowout on orgies with coke and Dudley Moores. If I've got anything left I'll have a pie supper on my way up the road Quote Link to comment Share on other sites More sharing options...
Orraloon Posted December 18, 2017 Share Posted December 18, 2017 10 hours ago, DoonTheSlope said: What are we all going to spend our extra £25 a week on? A credit card probably. Quote Link to comment Share on other sites More sharing options...
TDYER63 Posted December 18, 2017 Author Share Posted December 18, 2017 A comedy course, to be as witty as my estranged twin. Any surplus will cover the shortfall on my Frosty Jack. Quote Link to comment Share on other sites More sharing options...
Mark frae Crieff Posted December 18, 2017 Share Posted December 18, 2017 Lets put it this way i cannae see the money being horded away in the Bahamas.... Quote Link to comment Share on other sites More sharing options...
Grim Jim Posted December 18, 2017 Share Posted December 18, 2017 If say you are on £40,000, you'll pay more in tax next year. In perspective, the amount is small compared to the real impact from inflation that is substantially due to "quantitative easing" and brexit's hit on the £. 10s of £s versus over £1,000. Quote Link to comment Share on other sites More sharing options...
Flure Posted December 18, 2017 Share Posted December 18, 2017 On 12/14/2017 at 7:40 PM, min said: No spin at all and 100% correct, I'm merely separating the impact that the Westminster and Holyrood budgets will have on the Scottish tax payer, something the SNP are reluctant to do. I am all for a progressive tax system, but despise rhe disingenuous politician speak surrounding these announcements. One thing is indisputable - people in Scotland earning £26k+ will, from April, be paying more tax than those on the same salary elsewhere in the UK. Would that be "income" tax you're singling out? Or have you taken into account Bridge Tax, Council Tax, Tertiary Education Tax, Illness Tax, Water Supply Tax, Optician's Test Tax, Dental Tax? Quote Link to comment Share on other sites More sharing options...
mariokempes56 Posted December 18, 2017 Share Posted December 18, 2017 5 hours ago, Flure said: Would that be "income" tax you're singling out? Or have you taken into account Bridge Tax, Council Tax, Tertiary Education Tax, Illness Tax, Water Supply Tax, Optician's Test Tax, Dental Tax? Plus the carpet wans.. Quote Link to comment Share on other sites More sharing options...
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