If the Scottish Government makes no changes to its income tax policy at the upcoming budget, in 2023-24 Scottish taxpayers will be paying an estimated £1.2bn more in income tax than they would be paying if the English policy applied.
This was the warning from the latest Scottish Parliament Information Centre (SPICe) blog, responding to the changes outlined in the UK Government’s Growth Plan on 23 September.
From 1 April 2023, the plan had been to cut the basic rate of income tax for taxpayers in England from 20p to 19p and abolish the 45p additional rate of tax - although the abolition of the additional rate were quickly reversed.
