While the 50 per cent tax may be on its way out, other areas of UK taxes remain high and recent attention has been particularly focused on fuel costs.
The SNP has renewed its calls for a fuel duty regulator to look at moderating the prices of petrol and diesel in the UK as figures from the European Commission reportedly show the UK's petrol taxes as the highest in Europe.
This is unsurprising when petrol duty is 57.4 per cent and diesel 55.8 per cent of the price paid at the pumps.
Angus MacNeil, transport spokesman at Westminster for the Scottish party, stated: "The Treasury's tax take on fuel is modern day highway robbery. It is a national scandal that, in an oil rich country like Scotland, we are paying the highest fuel taxes in Europe."
He added: "Families and key sectors like the haulage and the transport industry are reeling from forecourt costs, and George Osborne must honour his pre-election pledge and introduce a fuel duty regulator."
The regulator would mean that any additional VAT raised by the government on fuel price increases would be diverted and used to pay for a reduction in fuel duty. However, the government has said that it is unable to afford to reduce the costs of petrol and diesel at the pumps, leaving an already squeezed nation forced to cough up even more in taxes.