Scottish news

Scottish income tax changes approved

MSPs vote in favour of 5-band income tax system.

Devolution and property taxes

How does property taxation differ around the UK?

Scottish businesses oppose income tax rise

SME owners in Scotland favour more rates and bands.

Scotland sets higher rate income tax threshold

The Scottish higher rate threshold for income tax is set to rise with inflation, creating a divergence with the rest of the UK.

Draft Scottish Budget highlights

The draft Scottish Budget was presented to the Scottish parliament on 16 December 2015.

Scottish councils get business rate powers

Councils in Scotland will be able to reduce business rates in their area from 31 October 2015.

Scotland tax devolution legislation published

Draft legislation that will see the devolution of tax powers to Scotland has been published by the UK government.

Scottish retail sales fall despite rising footfall

Total Scottish retail sales fell 1.8% in July 2014 compared to July 2013 despite a 4.4% rise in footfall, according to figures from the Scottish Retail Consortium.

Scottish manufacturing exports rise

Scottish manufactured export sales grew 3% during Q1 2014, according to official figures.

Scottish GDP above pre-recession level

Scottish gross domestic product grew 1% in the first quarter of 2014, according to figures released by Scotland's Chief Statistician.

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