A Progressive Tax Policy for Scotland
If Scotland is to have the best public services possible and a social security system based on fairness, which rejects the Westminster system of punishing those most in need in our society, then we require a far bolder and more progressive tax system.
Whilst Scotland remains part of the UK, many of the key fiscal levers to generate income and boost the economy are in the hands of the Westminster Government however we are calling on the Scottish Government from 2023/24 onwards to create additional tax bands as follows:
- A new bottom higher rate band of £43,663 to £70,000 at 41%; a new higher rate band of £70,001 to £100,00 at 42.5%; a new upper higher rate band of £100,000 to £150,000 at 47.5%.; with the top rate of income over £150,000 being set at 50%.
Current Income Tax Bands
| Starter Rate | £12,571 to £14,732 | 19% |
| Basic Rate | £14,733 to £25,688 | 20% |
| Intermediate Rate | £25,689 to £43,662 | 21% |
| Higher Rate | £43,663 to £150,000 | 41% |
| Top Rate | Over £150,000 | 46% |
Proposed Income Tax Bands
| Starter rate | £12,571 to £14,732 | 19% |
| Basic rate | £14,733 to £25,688 | 20% |
| Intermediate rate | £25,689 to £43,662 | 21% |
| Bottom Higher rate | £43,663 to £70,000 | 41% |
| Higher rate | £70,001 to £100,000 | 42.5% |
| Upper Higher Rate | £100,001 to £150,000 | 47.5% |
| Top Rate | Over £150,000 | 50% |
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