Scotland’s recent Budget brought increased tax burdens on families and businesses, writes Donna Brennan, a partner at Weightmans. The Budget overlooked Scotland’s unique legal and tax position, she says leaving many Scots facing increased liabilities. Inheritance tax, based on UK-wide assumptions, does not align with Scotland’s distinct legal system and more than 1.5m Scots pay higher income tax than their UK counterparts, a situation exacerbated by new council tax bands on homes over £1m. Brennan stated: “Tax policy should support stability and growth, not undermine it.”
