In a landmark vote last quarter, the Scottish Parliament has voted to freeze the higher rate of Income Tax threshold at £43,000 for 2017-18.

This means that for the first time some Scottish taxpayers will be paying more Income Tax than those living south of the Border. Whilst the Income Tax rates will remain the same as in the rest of the UK, the higher rate of Income Tax threshold means that higher rate Scottish taxpayers will pay up to an extra £400 in tax in 2017-18 compared to their counterparts in the rest of the UK.   Mind you, the university is free, so it might still suit those with children looking for further education.

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