Scotland's Business Tax Burden: A Growing Concern
Glasgow News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New report from the Institute of Directors in Scotland reveals growing concerns among businesses about the UK governments rise in national insurance contributions and local business rates. Despite First Minister John Swinneys promise to avoid changes to income tax, nearly three-quarters of business respondents worry about income tax differences with other regions. The tax gap is seen as a barrier to attracting investments and hiring skilled staff. Scottish officials are reviewing these tax burdens for higher earners to provide more stability.
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