Changes to VAT penalties and interest from 01 January 2023

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…

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New VAT penalty regime and other VAT news

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…

1.25% increase to NIC and dividend tax rates 

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…

Budget 2021

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…

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COVID-19 Update 3

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…

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Update on Government schemes in response to COVID-19

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…

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COVID-19 Government schemes to help

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…

Dividend 2017/18 and 2018/19

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…

Autumn Budget 2017

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…

Changes to flat-rate VAT in more detail with examples

Scottish Budget 2022 Finance Secretary Kate Forbes delivered the 2022/23 Scottish Budget on 9 December 2021, setting out the Scottish Government’s financial and tax plans.The Budget outlined the government’s spending plans, income tax and Land and Buildings Transaction Tax. Announced in the Budget was almost £2 billion of low-carbon capital investment in infrastructure. This includes…