2017 Scottish tax rate divergence led to increased net migration, rising taxable income in Scotland since 2019.
Since 2017, when Scottish tax rates diverged from the rest of the UK, HMRC research indicates a significant rise in taxpayers relocating to Scotland. The study, commissioned by the Scottish and Welsh governments, revealed net migration to Scotland increased, with taxable income in the country also rising from around 2019 onwards. The Scottish Government views these findings as evidence that Scotland is an attractive place to live and work, with its progressive income tax system, free tuition and prescriptions, and generous childcare packages.
April 24, 2024
5 Articles