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 Post subject: Local Income Tax (LIT)
PostPosted: Fri Aug 08, 2008 10:30 am 
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Lifted from the comments page in the Herald:
From the Scotland's People Survey 2007.
Includes all adults for whom household income is known or has been imputed.
Household income in the SHS is that of the highest income householder and their partner only
Fifth of Scots households 'living on less than £10,000'
Published Date: 08 August 2008
By HAMISH MACDONELL


ONE in five Scottish households is having to get by on less than £10,000 a year, according to figures published yesterday. A survey showed 21 per cent of those questioned have a four-figure net household income – the equivalent of less than £834 a month. A further 20 per cent of households have an income of between £10,000 and £15,000, with pensioners, single parents and single adult households the most likely to fall into the lower-income brackets. At the other end of the scale, only 10 per cent of households have a net yearly income of more than £40,000. Separate statistics showed 41 per cent of households do not have any savings or investments. The figures are contained in the 2007 Scottish Household Survey annual report, published yesterday by the Scottish Government. It aims to provide a snapshot of life in Scotland and an indication of various social trends. END

We need a L.I.T. and we need it now. The above figures demonstrate quite clearly the massive number of people that need to be rescued from the unfair burden the Council Tax places upon them. Especialy now that pensioners and the poorly paid are being blitzed by a combination of monster fuel pices, 35% hike in the cost of heating and rising food prices. So come on Labour... if you can't lend your hand.... get out of the way.

20% of Households in Scotland earn less than £10k
Band A Council Tax (Glasgow) £800
LIT @ 3% is £140

20% of Households in Scotland earn £10-15k
Band A Council Tax (Glasgow) £800
LIT @ 3% would mean between £140- 290

27% of Households in Scotland earn £15-25k
Band A Council Tax (Glasgow) £800
LIT @ 3% would mean between £290-590

9% of Households in Scotland earn £25-30k
Band A Council Tax (Glasgow) £800
LIT @ 3% would mean between £590-740

13% of Households in Scotland earn £30-40k
Band C Council Tax (Glasgow) £1070
LIT @ 3% would mean between £740-1040

10% of Households in Scotland earn over £40k
Band D Council Tax (Glasgow) £1200
LIT @ 3% would mean between £1040 +
20% of Households in Scotland earn less than £10k
Band A Council Tax (Edinburgh) £779
LIT @ 3% is £140

20% of Households in Scotland earn £10-15k
Band B Council Tax (Edinburgh) £909
LIT @ 3% would mean between £140- 290

27% of Households in Scotland earn £15-25k
Band C Council Tax (Edinburgh) £1039
LIT @ 3% would mean between £290-590

9% of Households in Scotland earn £25-30k
Band D Council Tax (Edinburgh) £1169
LIT @ 3% would mean between £590-740

13% of Households in Scotland earn £30-40k
Band E Council Tax (Edinburgh) £1428
LIT @ 3% would mean between £740-1040

10% of Households in Scotland earn over £40k
Band F Council Tax (Edinburgh) £1688
LIT @ 3% would mean between £1040 +


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