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SCOTS IN LINE FOR A TAX CUT
Daily Record
|October 31, 2025
Chancellor eyes slashing National Insurance in her Budget
RACHEL Reeves is mulling over a Budget tax cut for Scots ahead of the Holyrood election.
The Chancellor is looking at slashing National Insurance rates by 2p in the pound as a cost-of-living measure.
But a hike in income tax being considered by the Labour Government would not apply north of the Border, ensuring Scots receive a pay packet boost.
One senior Labour figure said: “This could be a gamechanger for hard-pressed Scots. People are crying out to be better off and this would put more money in their pockets”
This story is from the October 31, 2025 edition of Daily Record.
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