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Scottish Budget 2026: Finance Secretary Shona Robison unveils SNP government's spending and tax plans
The draft budget includes a 7.4% rise in income tax thresholds benefitting over 55% of Scots and introduces a mansion tax on homes over £1 million.
- The Scottish Government announced on Tuesday that the draft 2026-27 Budget at Holyrood includes an investment of almost 68 billion.
- Facing legal limits on borrowing, Robison said the Budget sets annual funding for Scottish public services and involved 'tough choices' to prioritise the NHS and cost-of-living support.
- Robison announced that the basic and intermediate income tax thresholds will rise by 7.4% to 173140 and 29000 respectively, benefiting more than 55% of Scots.
- Funding provisions include 22.5 billion for health and social care and a mansion tax with two new council tax bands for homes over 1 million, to be in place by April 2028, Robison said.
- Over the coming weeks, MSPs will scrutinise the draft in the Scottish Parliament with a final vote expected in late February, while business groups warn some firms face 173% and 250% rate rises and nearly 59% say tax drives rising costs.
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‘Brighter future’ ahead for Scots under Budget plans, claims Shona Robison
The Scottish Finance Secretary has unveiled her draft tax and spending plans for 2026-27.
·London, United Kingdom
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City AM
Scottish higher earners at risk of being hammered with more tax
Higher earners in Scotland could pay over £1,000 more in extra tax, as the Scottish Finance Secretary copies Rachel Reeves’ Autumn Budget playbook. Finance Secretary Shona Robison opted to raise the tax threshold for both basic and intermediate tax payers, but left the higher rate unchanged, ...
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Leaning Left4Leaning Right0Center7Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 36%
C 64%
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