Scottish Parliament backs luxury wealth tax on mansions and private jets

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  • Post last modified:9 June 2026

The Scottish parliament has voted to approve a new wealth tax on high-end luxury goods, especially mansions and houses over £1m and private jet travel. Scottish parliament leading the way MSPs went to the Scottish parliament chamber to debate a new “fair, progressive and sustainable” approach to tax. This included the plans for a levy on private jets and houses owned by the wealthiest in society. The motion — which passed 84-28, with 10 abstentions — highlighted the role taxes play in the delivery of essential public services. The motion welcomed all of Scotland’s recent progress made towards the creation of a…

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Reform’s new overtime tax policy torn to shreds

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  • Post last modified:8 June 2026

Reform UK unveiled an attention-grabbing new policy proposal on Sunday 24 May: Reform will scrap income tax on overtime. It's time to make work pay. pic.twitter.com/Q0luvT9WPM — Nigel Farage MP (@Nigel_Farage) May 24, 2026 The problem for Reform is that the policy has also grabbed the attention of people who think things through. Reform — “Avoidance opportunities” Sam Dumitriu of the Britain Remade thinktank had 5 points on the new policy: 1. This appears to be an import of Trump’s extremely dumb (but clearly popular) ‘no tax on tips’ policy. 2. If your aim is to boost growth and incentivise work,…

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