SNP are lying b******s as well !
Quote:
Originally Posted by
Ozyhibby
Is our NI different from England?
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NI is charged using rUK tax bands.
So 12% (soon to be 10%) up to £50k and 2% after. Matches the tax band of 20% then 40%. So effective 32% and 42% rates.
Scotland’s higher (or not so higher now!) tax band starts at £43.5k so that’s where the kicker comes in as the NI rate is not reduced until £50k. So a marginal rate of 54% in that bracket just now.
Edit: To be fair though I have had a wee double count earlier ;-). The difference is indeed 20% but only on the total of about £7k so the c£1.5k more is correct. Happy to admit my arithmetic is not always best and stand corrected [emoji736][emoji2957].