Changes to VAT penalties and interest from 01 January 2023

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…

|

New VAT penalty regime and other VAT news

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…

1.25% increase to NIC and dividend tax ratesĀ 

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…

Budget 2021

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…

| |

COVID-19 Update 3

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…

| |

Update on Government schemes in response to COVID-19

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…

|

COVID-19 Government schemes to help

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…

Dividend 2017/18 and 2018/19

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…

Autumn Budget 2017

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…

Changes to flat-rate VAT in more detail with examples

The Scottish Budget key announcements On 12 December 2018 Finance Secretary Derek Mackay delivered the 2019/20 Scottish Draft Budget setting out the Scottish government’s tax and financial plans.Key announcements included new bands for Scottish income tax and changes to Land and Buildings Transaction Tax.Scottish income taxThe Scottish government has devolved powers to set the rates…