Here is where your money goes

Income tax in Scotland will be reformed into a five-band system. A new starter rate of 19% will be introduced for those earning between £11,850 and £13,850; the basic rate of 20% will apply for those earning over £13,850; a second new intermediate rate of 21% will be brought in for those earning over £24,000; the higher rate will be increased to 41% for incomes between £44,273 and £150,000 and the top rate will also rise to 46% on incomes over £150,000. Due to the new starter rate and the increase in the personal allowance all taxpayers earning up to £33,000 will pay no more.

The 1% public sector pay cap will be lifted with a guaranteed minimum pay increase of 3% for all public sector workers earning £30,000 or less, 2% for those earning above £30,000 and a cap of £1,600 for those earning £80,000 or more.

The local government resource budget will be protected in cash terms and the capital budget will be increased in real terms “resulting in a total increase in local authority core funding of £94 million”.

Health service spending will be increased by £400 million, double the amount needed to keep pace with inflation.

A new relief on Land

and Building Transaction Tax – the Scottish equivalent of stamp duty – will be introduced for first time buyers on properties up to £175,000.

Funding to tackle the attainment gap in Scottish schools will increase to £179m, with £120m to be allocated to head teachers through the Pupil Equity Fund and a further £59m set aside for targeted support.

A programme to make superfast broadband available to every home and business in Scotland by 2021 will benefit from investment of £600m.

A growth package will include a 64% increase in the economy, jobs and fair work budget, a 70%

rise in spending on business research and development and £96m of extra support through the business rates system.

A total of £243m will be allocated to expand the provision of free nursery education and childcare.

More than £20m of extra cash has been set aside for the police and an additional £5.5m for the fire service.

Funding of £756m will be allocated to help meet the Scottish Government target to build 50,000 affordable homes over the parliament.

Infrastructure will be supported with investment of more than £4 billion, including