Happy Tartan Tax Day! High taxation becoming as Scottish as bagpipes, shortbread and tartan – Scotsman comment

New rates of taxation for higher earners kick in from today, just as Tartan Day events kick off in New York
Pipers march through New York's Central Park during a previous Tartan Day event (Picture: Mario Tama/Getty Images)Pipers march through New York's Central Park during a previous Tartan Day event (Picture: Mario Tama/Getty Images)
Pipers march through New York's Central Park during a previous Tartan Day event (Picture: Mario Tama/Getty Images)

Happy Tartan Day! For today is the day when Scotland starts a week-long series of events designed to showcase the nation to the good people of New York City. Actor Dougray Scott will lead pipers, dancers, clansfolk and various others on a parade up Sixth Avenue to a cheering crowd of tens of thousands of spectators.

Oh, and also, Happy Tartan Tax Day! For today is the day when the new higher rates of taxation come into effect. There’s now a 45 per cent band for those earning between £75,000 and about £1250,000, while the top band goes up from 47 to 48 per cent. And, of course, everyone who earns over £28,850 was already paying more tax then their counterparts elsewhere in the UK.

Hide Ad
Hide Ad

The SNP celebrates this as a sign of what a “progressive” nation we are, but there are some who fear it may prompt wealthier people to relocate or rearrange their finances, leaving the country with high taxes and low revenues. But wherever we end up, it seems high taxes are becoming as Scottish as, well, tartan, and quite possibly shortbread too.

Related topics:

Comments

 0 comments

Want to join the conversation? Please or to comment on this article.