Frequently Asked Questions - What will tax rates be in an independent Scotland?
We have identified over 650 questions and answers concerning many of the topics featured on this site. The information is categorised and can be reached by navigating via the entries below.
Information can also be retrieved using the Search box. This will search through the entire list of FAQ entries (in the Title and the Body) and will return results based on a match based on the words you input. If you wish, you may enter complete questions, e.g. "What currency would we use in an independent Scotland".
On independence, Scotland will inherit the tax system and the prevailing UK rates and thresholds for all taxes. Decisions on specific taxes – including tax rates, allowances and credits – will be made by the Parliament and Government of an independent Scotland. For the first time ever there will be a guarantee that taxes will be set by a government that has the support of the people of Scotland.
Independence will provide the Scottish Government and Parliament with the powers to set tax rates and thresholds which are right for Scotland, allowing Scottish Ministers to develop policies that will deliver sustainable economic growth and a fair society.
Source: Scotland's Future, Scottish Government, November 2013.