On 12 December 2018, the Scottish Government issued a release on the budget plans for 2019-20, which were delivered in the Scottish Parliament by Finance Secretary Derek Mackay. According to the release, Secretary Mackay has set out plans to:
- Maintain the current rates of income tax for the coming year;
- Increase the Additional Dwelling Supplement for Land and Buildings Transaction Tax from 3% to 4% for the purchase of an additional property;
- Reduce the lower rate of non-residential Land and…