ICTChris Posted December 15, 2022 Share Posted December 15, 2022 John Swinney will be delivering the Scottish budget today - Kate Forbes is off on maternity leave. It's widely believed that taxes will rise to some extent - the current briefing is that the higher rate will rise from 41% to 42% and the top rate will go up from 46% to 47%. Higher rate covers earnings between £44k and £150k and top rate is anything above £150k. It's expected that the bands for the top rate will come down - the UK Government reduced the top rate band to £125k, I think, it would make a lot of sense to do the same - unless Swinney fancies attracting loads of rich English people earning between £125 and £150k to Scotland. How to P&Bers feel about the budget? Time to squeeze the rich until the pips squeak? Are any P&Bers furiously depositing their cash in secret Isle of Man bank accounts? 0 Quote Link to comment Share on other sites More sharing options...
Alert Mongoose Posted December 15, 2022 Share Posted December 15, 2022 10 minutes ago, ICTChris said: Kate Forbes Wid. 1 Quote Link to comment Share on other sites More sharing options...
scottsdad Posted December 15, 2022 Share Posted December 15, 2022 10 minutes ago, ICTChris said: John Swinney will be delivering the Scottish budget today - Kate Forbes is off on maternity leave. It's widely believed that taxes will rise to some extent - the current briefing is that the higher rate will rise from 41% to 42% and the top rate will go up from 46% to 47%. Higher rate covers earnings between £44k and £150k and top rate is anything above £150k. It's expected that the bands for the top rate will come down - the UK Government reduced the top rate band to £125k, I think, it would make a lot of sense to do the same - unless Swinney fancies attracting loads of rich English people earning between £125 and £150k to Scotland. How to P&Bers feel about the budget? Time to squeeze the rich until the pips squeak? Are any P&Bers furiously depositing their cash in secret Isle of Man bank accounts? I want everyone to pay more except me. I want to pay less. If Swinney can swing this, he'll get my vote. 0 Quote Link to comment Share on other sites More sharing options...
FFCinthearea Posted December 15, 2022 Share Posted December 15, 2022 The squeezed middle will bear the brunt of this to give more to the layabouts and benefits scroungers. -13 Quote Link to comment Share on other sites More sharing options...
Dawson Park Boy Posted December 15, 2022 Share Posted December 15, 2022 17 minutes ago, FFCinthearea said: The squeezed middle will bear the brunt of this to give more to the layabouts and benefits scroungers. Absolutely. They always forget that it’s the aspirational who produce prosperity. High taxes isn’t a good policy especially if you want to encourage business activity. Labour tried this in the 70’s and it ended badly. I would imagine it will be loudly applauded on here. -7 Quote Link to comment Share on other sites More sharing options...
Ro Sham Bo Posted December 15, 2022 Share Posted December 15, 2022 If they are going to have the higher rate tax band up here 2% more than the rest of the UK, it would be reasonable if they at least raised the threshold somewhere closer to the £50k mark Won't happen though. 0 Quote Link to comment Share on other sites More sharing options...
Dawson Park Boy Posted December 15, 2022 Share Posted December 15, 2022 31 minutes ago, Ro Sham Bo said: If they are going to have the higher rate tax band up here 2% more than the rest of the UK, it would be reasonable if they at least raised the threshold somewhere closer to the £50k mark Won't happen though. Dream on for that. 0 Quote Link to comment Share on other sites More sharing options...
Melanius Mullarkey Posted December 15, 2022 Share Posted December 15, 2022 42 minutes ago, Dawson Park Boy said: They always forget that it’s the aspirational who produce prosperity. Another one for the DBP Quotebank. 0 Quote Link to comment Share on other sites More sharing options...
alta-pete Posted December 15, 2022 Share Posted December 15, 2022 1 hour ago, Alert Mongoose said: Wid. I think somebody already has; that'll be why she's away on maternity... 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted December 15, 2022 Share Posted December 15, 2022 Pretty sure the Holyrood Speaker just delayed the budget speech for 30 minutes so she can find out who's been leaking it. Nothing on the main news channels, was watching on Holyrood TV. Imagine if it had been the UK budget! 0 Quote Link to comment Share on other sites More sharing options...
Alert Mongoose Posted December 15, 2022 Share Posted December 15, 2022 1 hour ago, FFCinthearea said: The squeezed middle will bear the brunt of this to give more to the layabouts and benefits scroungers. ^ ^ Took the Tory 'you're wealthy like us' bait hook, line and sinker. 2 Quote Link to comment Share on other sites More sharing options...
Rugster Posted December 15, 2022 Share Posted December 15, 2022 4 minutes ago, welshbairn said: Pretty sure the Holyrood Speaker just delayed the budget speech for 30 minutes so she can find out who's been leaking it. Nothing on the main news channels, was watching on Holyrood TV. Imagine if it had been the UK budget! It's all over the BBC website 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted December 15, 2022 Share Posted December 15, 2022 (edited) 6 minutes ago, Rugster said: It's all over the BBC website Nothing on the BBC News channel, despite the fact they're showing it live. Sky neither. P.S. Just mentioned it now. Edited December 15, 2022 by welshbairn 0 Quote Link to comment Share on other sites More sharing options...
Salt n Vinegar Posted December 15, 2022 Share Posted December 15, 2022 (edited) 15 minutes ago, welshbairn said: Pretty sure the Holyrood Speaker just delayed the budget speech for 30 minutes so she can find out who's been leaking it. Nothing on the main news channels, was watching on Holyrood TV. Imagine if it had been the UK budget! Quite right too. It's a pity that generations of supine House of Commons Speakers haven't done the same. Imagine the expressions on the faces of the Government front bench if Hoyle had said 'oi, (insert name of leaky Minister) - your statement has already been made to the press, so sit down and MPs will now batter you senseless for the next two hours with their questions.' Someone in the SNP group or special advisor or Parliament staff will be stuffing a telephone directory down their breeks as we wait. Edit... Of course it's not beyond the realms of possibility that a media organisation has breached a publication embargo, or indeed that an advance copy of the statement had been given to the opposition and they leaked it. (Shock, horror!) Edited December 15, 2022 by Salt n Vinegar 0 Quote Link to comment Share on other sites More sharing options...
Rugster Posted December 15, 2022 Share Posted December 15, 2022 4 minutes ago, Salt n Vinegar said: Someone in the SNP group or special advisor or Parliament staff will be stuffing a telephone directory down their breeks as we wait. Not necessarily. These statements are given to the other parties in advance to allow them to prepare questions. 0 Quote Link to comment Share on other sites More sharing options...
Alert Mongoose Posted December 15, 2022 Share Posted December 15, 2022 It may have been leaked but would it have taken Miss Marple to take a wild guess at what they would do? After the UK lowered the threshold it was obvious we would follow suit. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted December 15, 2022 Share Posted December 15, 2022 3 minutes ago, Salt n Vinegar said: Quite right too. It's a pity that generations of supine House of Commons Speakers haven't done the same. Imagine the expressions on the faces of the Government front bench if Hoyle had said 'oi, (insert name of leaky Minister) - your statement has already been made to the press, so sit down and MPs will now batter you senseless for the next two hours with their questions.' Someone in the SNP group or special advisor or Parliament staff will be stuffing a telephone directory down their breeks as we wait. I think they give advance copies to the leaders of other parties, my finger's pointing at Alex Cole-Hamilton. 0 Quote Link to comment Share on other sites More sharing options...
Salt n Vinegar Posted December 15, 2022 Share Posted December 15, 2022 Just now, welshbairn said: I think they give advance copies to the leaders of other parties, my finger's pointing at Alex Cole-Hamilton. Aye, realised that as soon as I posted... see my edit! 0 Quote Link to comment Share on other sites More sharing options...
Aufc Posted December 15, 2022 Share Posted December 15, 2022 I dont mind paying more tax. It was always going to happen. It is a bit frustrating when it comes alongside everything else increasing at the same time albeit i cant really complain as i am fairly comfortable. I still completely disagree that you lose your personal allowance when you start earning over £100k. Cant see that changing anytime soon 0 Quote Link to comment Share on other sites More sharing options...
coprolite Posted December 15, 2022 Share Posted December 15, 2022 1 hour ago, Ro Sham Bo said: If they are going to have the higher rate tax band up here 2% more than the rest of the UK, it would be reasonable if they at least raised the threshold somewhere closer to the £50k mark Won't happen though. ^ earns £49,999 0 Quote Link to comment Share on other sites More sharing options...
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