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Philip Hammond warns Nicola Sturgeon to think ‘VERY CAREFULLY’ about Scottish tax hike

Earlier this year, SNP leader Sturgeon said she would not follow the Chancellor’s plans to increase the 40p tax rate threshold to £50,000 by the end of the current Parliament.

Hammond reiterated his intentions during the Autumn Statement last week, but because income tax has been devolved it is up to the Scottish Government to decide whether they will going to follow suit.

The Chancellor confirmed the 40p rate threshold will only rise to £45,000 in the UK next April, although in Scotland it will only apply to those earning £43,340 and above.

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