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Contractors in Scotland Pay More Tax

There are no doubt many contractor jobs north of the border in Scotland, but many contractors are getting taxed more than their English neighbours.

That’s because if you go south of the border then English contractors who are also taking advantage of the favourable contracting job market, well, a recent report shows that they pay less tax than Scots on the same income.

507,000 is the exact number of Scottish self employed workers who are paying more for the same amount of income, which includes many contractors and freelancers of course. “Just what is going on here?” many of them will be saying.

It was NAO, or The National Audit Office as some like to call it, who came up with the statistic of 507,000 Scottish self employed people who pay more tax, as they looked through the accounts of millions of contractors and freelancers on both sides of the border.

Rather than finding two countries united in perfect harmony, what they found is that exact opposite, and now many Scottish self employed are planning to take to the streets of Glasgow, Edinburgh, Fife, and Inverness in protest.

Thousands are expected to make their voices heard with chanting and homemade signs, but is it England that should be the target for this outburst of anger? Some experts are saying NO.

In fact, they should be looking a bit closer to home, towards SNP leader Nicola Sturgeon who has long been criticized for her attitude towards taxation.

When contractors in Scotland have shouted “less tax,” she comes back with “more tax” and when they try to compromise by shouting “the same amount of tax as the English,” she comes back with “more tax.”

Many pundits haver noted that these statistics come on the back of Mrs Sturgeon now having complete control over taxation within Scottish borders. It doesn’t look good for many contractors.

What is the solution though…should Scottish contractors move south of the border into the safe haven of England? That is one possibility, but if you ask me the most practical solution is to find a good accountant.

You will be glad to hear there are many contractor accountants in Scotland, who are there to look over your books and then get that tax bill more affordable.

They do all of this legally and above board of course, all within the confines of Scottish and UK law. It is their goal to serve you, and they do this by offering you experience, guidance, knowledge, and expertise that is second to none.

So what are you waiting for? Find a Scottish contractor accountant today, and join your English neighbours south of the border who are not paying as much tax.

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