This complicates the UK's already massively over complex tax system!Oh bloody hell that's buggers everything up— Elaine Clark (@cheapaccounting) December 14, 2017
BBC News - Scottish income tax changes unveiled https://t.co/jto9huTFDC
Tax does have to be taxing.
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The 'complexity' of the UK tax system would be substantially reduced if all of the 'concessions', 'exemptions' and 'special arrangements' (most of which benefit only those with a lot of assets and sharp accountants - some of those accountants working for firms which had a disproportionate input to tax legislation, and were therefore able to plumb those 'loopholes' in to the system) were removed.
ReplyDeleteAll that the Scottish government have done is to use the tightly-prescribed measurea at their disposal to reduce the income tax burden on people under £33k per year, while increasing it slightly for those above that figure. It was the most progressive budget seen on this island for a generation.
Oh, and so well done on the Sturgeon/Krankie graphic. I mean, it's not as if it has been used ad nauseam by every Unionist tweeter on the planet in the last three years, is it?