Scottish Politics / Independence - Vol 12

[biggles330d]

Scrump said:

I may be misunderstanding the situation, so apologies if that is the case.
I cannot see how an increase in salary and moving into a higher tax band will cause a reduction in take home pay. The higher tax rate is only applied to the amount over the threshold.

Simply crossing into a new band won't but in very broad terms, the new 45% 'advance' tax rate being introduced in Scotland will apply from April, which is up from the 42% that is currently being paid for a chunk of salary, and above a certain level your tax free person allowance (£12570) starts to get wound back so you start paying tax from a lower start point at the other end. At the sort of level we are talking about, which I accept is a decent living, but not outrageously so and definitely in the range of normal professional people just having worked diligently up the ladder in their normal careers both public and private who aren't really chasing the megabucks, those two changes are about £3k each in increased tax each per year. I.e., c£500 / month hit in take home. Overnight. Thanks SNP.

[irc]

Just when you thought the ferry fiasco couldn't get worse. Turns out that all the extra complexity and expense of making them dual fuel is a net negative for the climate and environment.

"

Mr Hood added: "These factors vary, but the ICCT have shown that the climate impact of using LNG as a shipping fuel can be around 80% greater than if vessels simply stuck with fossil diesel. "


"Naval architect Euan Haig – who throughout his career was responsible for the successful delivery of multiple Ministry of Defence contracts worth many hundreds of millions of pounds – said he believed the decision to use LNG was "nothing more than gesture politics, but it was a very expensive gesture". "

https://www.heraldscotland.com/news/24078151.green...

Edited by irc on Saturday 27th January 12:39

[Scrump]

biggles330d said:

Simply crossing into a new band won't but in very broad terms, the new 45% 'advance' tax rate being introduced in Scotland will apply from April, which is up from the 42% that is currently being paid for a chunk of salary, and above a certain level your tax free person allowance (£12570) starts to get wound back so you start paying tax from a lower start point at the other end. At the sort of level we are talking about, which I accept is a decent living, but not outrageously so and definitely in the range of normal professional people just having worked diligently up the ladder in their normal careers both public and private who aren't really chasing the megabucks, those two changes are about £3k each in increased tax each per year. I.e., c£500 / month hit in take home. Overnight. Thanks SNP.

[irc]

Latest SNP overstepping of the mark. Adverts encouraging women to donate eggs to strangers. Without mentioning any health risks or the fact you may be contacted by your child 18 years later.

Taking on those risks to help a stranger is admirable but it must be after informed consent and I don't think the govt should be pushing it.

https://www.spectator.co.uk/article/the-scottish-g...

[hidetheelephants]

irc said:

Just when you thought the ferry fiasco couldn't get worse. Turns out that all the extra complexity and expense of making them dual fuel is a net negative for the climate and environment.

"

Mr Hood added: "These factors vary, but the ICCT have shown that the climate impact of using LNG as a shipping fuel can be around 80% greater than if vessels simply stuck with fossil diesel. "


"Naval architect Euan Haig – who throughout his career was responsible for the successful delivery of multiple Ministry of Defence contracts worth many hundreds of millions of pounds – said he believed the decision to use LNG was "nothing more than gesture politics, but it was a very expensive gesture". "

https://www.heraldscotland.com/news/24078151.green...

It's undoubtedly the case for the Arran route, it's so short the vessel will spend very little time burning gas. The people of Arran should sue the govt, they'd probably win.

[Ecosseven]

Scrump said:

biggles330d said:

Simply crossing into a new band won't but in very broad terms, the new 45% 'advance' tax rate being introduced in Scotland will apply from April, which is up from the 42% that is currently being paid for a chunk of salary, and above a certain level your tax free person allowance (£12570) starts to get wound back so you start paying tax from a lower start point at the other end. At the sort of level we are talking about, which I accept is a decent living, but not outrageously so and definitely in the range of normal professional people just having worked diligently up the ladder in their normal careers both public and private who aren't really chasing the megabucks, those two changes are about £3k each in increased tax each per year. I.e., c£500 / month hit in take home. Overnight. Thanks SNP.

I think I'm correct in saying that the marginal income tax rate between 100k and 125k in Scotland is 67.5% + 2% N.I.

Almost a 70% marginal tax rate!!

[biggbn]

biggles330d said:

Scrump said:

I may be misunderstanding the situation, so apologies if that is the case.
I cannot see how an increase in salary and moving into a higher tax band will cause a reduction in take home pay. The higher tax rate is only applied to the amount over the threshold.

Simply crossing into a new band won't but in very broad terms, the new 45% 'advance' tax rate being introduced in Scotland will apply from April, which is up from the 42% that is currently being paid for a chunk of salary, and above a certain level your tax free person allowance (£12570) starts to get wound back so you start paying tax from a lower start point at the other end. At the sort of level we are talking about, which I accept is a decent living, but not outrageously so and definitely in the range of normal professional people just having worked diligently up the ladder in their normal careers both public and private who aren't really chasing the megabucks, those two changes are about £3k each in increased tax each per year. I.e., c£500 / month hit in take home. Overnight. Thanks SNP.

So, a bit of a joke but your OH isn't seeing a drop of £500 a month, your combined salary is that much less? I caveat that by confessing i am dreadful, no make that DREADFUL with figures! I'd be looking to invest a load into my pension. I really dont/wouldn't mind paying tax/more tax IF I can trust it will be spent wisely by those I pay it to. Sadly, that is not the case with Scot.Gov...and wouldn't be with UK.Gov. Is there any tax relief on charity donations? I have no idea about such things but I'd rather personally donate money to a charity and see it used wisely than let these clowns have it I the pension option is a non starter.

Edited by biggbn on Saturday 27th January 13:22

[biggles330d]

Ecosseven said:

I think I'm correct in saying that the marginal income tax rate between 100k and 125k in Scotland is 67.5% + 2% N.I.

Almost a 70% marginal tax rate!!

Yup. Attractive, isn't it. Come to Scotland, work hard, get royally fked over but feel good about it 'cos look at all the great things we're spending it efficiently on...

[irc]

Ecosseven said:

I think I'm correct in saying that the marginal income tax rate between 100k and 125k in Scotland is 67.5% + 2% N.I.

Almost a 70% marginal tax rate!!

You are correct. Here is a handy chart with a redline showing where the SNP tax rate differs from the UK tax rate. The almost invisible box on the bottom left is where their 19% band saving taxpayers £20 a year or so lets them claim that many taxpayers pay less in Scotland.




https://fraserofallander.org/potential-reforms-to-...

[Ecosseven]

irc said:

Ecosseven said:

I think I'm correct in saying that the marginal income tax rate between 100k and 125k in Scotland is 67.5% + 2% N.I.

Almost a 70% marginal tax rate!!

You are correct. Here is a handy chart with a redline showing where the SNP tax rate differs from the UK tax rate. The almost invisible box on the bottom left is where their 19% band saving taxpayers £20 a year or so lets them claim that many taxpayers pay less in Scotland.






https://fraserofallander.org/potential-reforms-to-...

Yup and that graph needs updated to show the new 45% advanced tax rate that kicks in at £75k.............

[Composer62]

irc said:

Earthdweller said:

Rick_1138 said:

Is there validity to the stuff i am seeing about online that UNRWA that Humza gave £750k of taxpayers monay, had a part to play in the Oct 7 massacre??

Seems so .. the allegations are there at least

https://www.aljazeera.com/news/2024/1/26/unrwa-pro...

Why are we surprised? The UN jobs are probably some of the better employment options in Gaza. Naturally when a state is run by a terrorist organisation it will ensure it gets it's members into the money.

Latest info here :

https://www.telegraph.co.uk/news/2024/01/27/united...

[alangla]

biggbn said:

Is there any tax relief on charity donations? I have no idea about such things but I'd rather personally donate money to a charity and see it used wisely than let these clowns have it I the pension option is a non starter.

Edited by biggbn on Saturday 27th January 13:22

Yes, via Gift Aid and some other routes, e.g. Give As You Earn https://www.gov.uk/donating-to-charity

[biggbn]

alangla said:

biggbn said:

Is there any tax relief on charity donations? I have no idea about such things but I'd rather personally donate money to a charity and see it used wisely than let these clowns have it I the pension option is a non starter.

Edited by biggbn on Saturday 27th January 13:22

Yes, via Gift Aid and some other routes, e.g. Give As You Earn https://www.gov.uk/donating-to-charity

Thanks although I am unlikely to need such measures in the foreseeable future...

[sherman]

Humzas been caught giving money to the terrorists.

He cant be allowed to stay in post now surely?

BBC News - Scottish aid to UNRWA agency paused after Hamas attack claims
https://www.bbc.co.uk/news/uk-scotland-scotland-po...

[ZedLeg]

It’s a huge stretch to say that UNRWA is a terrorist organisation based on the evidence given.

[Snow and Rocks]

Is it even within the Scottish Governments remit to be handing out foreign aid?

[Janluke]

Snow and Rocks said:

Is it even within the Scottish Governments remit to be handing out foreign aid?

Let alone a ransom dressed up as "aid"

[Leithen]

Snow and Rocks said:

Is it even within the Scottish Governments remit to be handing out foreign aid?

It ought not to be, but then the same goes with their embassies. All at a time when they have effectively bankrupted the country.

[irc]

Sunday Times story. Labour has biggest lead over SNP since 2014. SNP would lose 30 MPs.

The infighting that would follow with former MPs trying to get on to the party list for the Scottish election in 2026 would be entertaining. They may need to find a disability.

https://wingsoverscotland.com/the-death-wish/

[Klippie]

I'am surprised non of them have tried to jump ship to a party with the greatest chance of being in government after the election, any party that lets one of the scum cross over should be voted against.

I'd like to think Labour or the Conservatives would tell them where to go...I'll bet even the Greens would shun them.