On 15 December 2016, the Scottish government published its Draft Budget 2017-18. One of the main changes included in the Budget is in relation to the individual income tax bands, which Scotland is now allowed to adjust under powers transferred to the Scottish Parliament ({News-2016-12-02/A/4- previous coverage}). As proposed, Scottish Income Tax rates and bands would be as follows: over GBP 11,500 up to 43,430 - 20% basic rate (assumes standard UK personal allowance of GBP 11,500) over GBP 43,430 up to 150,000 - 40% higher rate over GBP 150,000 - 45% additional rate While the Scottish rates are the...