Budget 2017

[Nearly Sane]

Seems very odd - not sure why the solution to house being too expensive is an inflationary measure, or why VAT  the unified police force and fire service in Scotland is somehow dependent on who is elected and disregards policy, or why we will spend more n Brexit than increase the NHS and yet it's all fine - never mind the very bad growth predictions

[Nearly Sane]

And the productivity figures are even worse. Essentially flat since Tories have been in govt
 

[Robbie]

Just out of interest, after I saw the budget change on stamp duty, I had a look at what could be bought for £300,000 or under in the very mixed and ordinary area that I live.  Basically a one bedroomed flat, OK for a single or couple buying their first property but not much use for anyone with a child trying to get on the property ladder, they'll have to move far away from where they work and family.

[Nearly Sane]

Just out of interest, after I saw the budget change on stamp duty, I had a look at what could be bought for £300,000 or under in the very mixed and ordinary area that I live.  Basically a one bedroomed flat, OK for a single or couple buying their first property but not much use for anyone with a child trying to get on the property ladder, they'll have to move far away from where they work and family.

And worse the measure itself is inflationary so it will push up prices.

[jakswan]

Scotland becoming tax Capital of UK today?

[Anchorman]

Nope. Scotland exercising Scotland's right to determine Scotland's tax revenue under the minimal powers granted it by Westminster.

[jakswan]

Nope. Scotland exercising Scotland's right to determine Scotland's tax revenue under the minimal powers granted it by Westminster.

Credit SNP with power to end austerity looks like they will take steps in that direction.

Wonder how it will go down with voters?

If they do it in Wales I'll be thinking of leaving!

[jakswan]

From BBC:
higher and top rate to increase by 1% to 41p and 46p
freeze the basic rate at 20p
introduce intermediate rate of 21p between £24,000 and £44,273calccalc
introduce starter rate of 19p £2,000 of taxable income, £11,850 - £13,850

So if you earn £60,000 you will pay c. £600 a year extra Tax?

Celtic footballers average wage £700,00, £7k a year?

[Nearly Sane]

From BBC:
higher and top rate to increase by 1% to 41p and 46p
freeze the basic rate at 20p
introduce intermediate rate of 21p between £24,000 and £44,273calccalc
introduce starter rate of 19p £2,000 of taxable income, £11,850 - £13,850

So if you earn £60,000 you will pay c. £600 a year extra Tax?

Celtic footballers average wage £700,00, £7k a year?

Not sure about what your point about Celtic footallers, but your 60k point ignores tax thresholds completely.

[jakswan]

Not sure about what your point about Celtic footallers, but your 60k point ignores tax thresholds completely.

Fair point calculations possibly wrong.

It makes the already dire Scottish Premier League potentially worse?

[Nearly Sane]

Fair point calculations possibly wrong.

It makes the already dire Scottish Premier League potentially worse?

As opposed to being improved by tax avoidance? Odd set of priorities.

[jakswan]

As opposed to being improved by tax avoidance? Odd set of priorities.

I do not know what this means?

[Nearly Sane]

I do not know what this means?

The sad fucked up history of the SPL and tax and the evasion/avoidance of is an open subject.

[jakswan]

The sad fucked up history of the SPL and tax and the evasion/avoidance of is an open subject.

I still don't know what that has to do with impact on higher earners in Scotland.

[Nearly Sane]

I still don't know what that has to do with impact on higher earners in Scotland.

Then why raise football?

[jakswan]

Then why raise football?

They are high earners that will be well known. The average wage of Celtic player is not far of that of a Championship player, if a players get offers from two clubs Celtic / Championship club then surely the tax rate in the two countries will be a factor in who the player signs for.

Say a Scottish company tries to headhunt me, a middle-earner, they will have to pay more to get me to move.

You are not claiming increases won't result in any behavioural changes are you because your beloved SNP have only gone as far as they have due to that.

btw Labour called it a 'Tory light' budget.

[jeremyp]

Say a Scottish company tries to headhunt me, a middle-earner, they will have to pay more to get me to move.

But if you were being completely rational, you'd weight the tax increases against Scotland's superior health service, education service, emergency services, infrastructure and so on which would all be a result of having more money (hopefully!).

In point of fact, it is likely that you would still be better off in England because taxes are inefficient.