NewsBot
10-Dec-21, 05:31
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Income Tax Rates Remain The Same For 2022/23...But Personal Allowances Frozen by UK Budget
The Scottish Parliament has the power to set the Income Tax rates and bands for the non-savings, non-dividend income of Scottish taxpayers, with the revenue received coming to the Scottish Government through the operation of the Fiscal Framework. Responsibility for the other parts of the Income Tax system, which includes reliefs and exemptions, and setting the UK-wide Personal Allowance, remains reserved to the UK Parliament. [Read Full Article (https://caithness-business.co.uk/article/15465)]
Income Tax Rates Remain The Same For 2022/23...But Personal Allowances Frozen by UK Budget
The Scottish Parliament has the power to set the Income Tax rates and bands for the non-savings, non-dividend income of Scottish taxpayers, with the revenue received coming to the Scottish Government through the operation of the Fiscal Framework. Responsibility for the other parts of the Income Tax system, which includes reliefs and exemptions, and setting the UK-wide Personal Allowance, remains reserved to the UK Parliament. [Read Full Article (https://caithness-business.co.uk/article/15465)]