The Scottish Parliament has announced that its 2020 Budget will be held on Thursday 6 February 2020, less than a week after the date now set for Brexit of 31 January 2020.

Scottish income tax has applied since April 2016, and is payable by Scottish taxpayers. This followed the introduction, in April 2015, of Land and Buildings Transaction Tax (LBTT) which replaced Stamp Duty Land tax in Scotland.

The 2019 Scottish budget was delayed as it was originally due to be held on the day of the general election and the Scottish parliament wanted to wait until the Chancellor of the Exchequer had held his first budget. However, with that now scheduled for 11 March, Scotland cannot afford to wait as their deadline for setting local authority budgets is also 11 March.

Subscriber guides

Scottish Income Tax

Scottish Income Tax: Am I a Scottish taxpayer?

LBTT vs SDLT: comparing the rates and additional dwellings charge