The Scottish government plans to introduce a mansion tax on properties worth more than £1m and increase income tax thresholds in moves unveiled in today’s (13 January) Budget speech.
Revealing the Scottish National Party (SNP) government's 2026/27 Budget, finance secretary Shona Robison said the package of measures "provide for a stronger NHS and investment in Scotland's infrastructure". Measures included the introduction of two new council tax bands affecting the most expensive properties in Scotland, with the highest rates paid on homes worth more than £1m. Unveiling the Scottish Budget, Scottish National Party (SNP) finance secretary Shona Robison said the party's economic package would include a so-called mansion tax for valuable properties. Robison said hi...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes





