Scottish Income Tax: ready reckoners 2022 to 2023
A set of ready reckoners which show the estimated revenue impact of illustrative changes to Scottish Income Tax policy in 2022 to 2023. These will assist researchers and policymakers, improve transparency and facilitate public understanding in this area.
Footnotes
1. See for example HMRC's Ready Reckoners and Welsh Income Tax Ready Reckoners (Annex 1).
2. The Role of Income Tax in Scotland's Budget, page 23
3. Scottish Government, Scottish Income Tax: 2018-19 Policy Evaluation, December 2021
4. The SFC estimate the freeze to the Higher Rate Threshold in 2022-23 will raise an additional £106 million in 2022-23.
5. See Scottish Fiscal Commission, How We Forecast Income Tax, May 2021
6. Scottish Government, Understanding the Behavioural Effects from Income Tax Changes, February 2020
7. Scottish Fiscal Commission, How We Forecast Income Tax, May 2021, p17
8. HMRC, Estimating Scottish taxpayer behaviour in response to Scottish Income Tax changes introduced in 2018 to 2019, December 2021
9. Scottish Government, Scottish Income Tax: 2018-19 Policy Evaluation, December 2021
Contact
Email: angus.hawkins@gov.scot
There is a problem
Thanks for your feedback