Changes to VAT penalties and interest from 01 January 2023

Scotland revise income tax bands Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget.The change is being made to ‘remove an anomaly that meant some higher rate taxpayers saw their bills fall while others on…

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New VAT penalty regime and other VAT news

Scotland revise income tax bands Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget.The change is being made to ‘remove an anomaly that meant some higher rate taxpayers saw their bills fall while others on…

1.25% increase to NIC and dividend tax ratesĀ 

Scotland revise income tax bands Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget.The change is being made to ‘remove an anomaly that meant some higher rate taxpayers saw their bills fall while others on…

Budget 2021

Scotland revise income tax bands Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget.The change is being made to ‘remove an anomaly that meant some higher rate taxpayers saw their bills fall while others on…

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Update on Government schemes in response to COVID-19

Scotland revise income tax bands Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget.The change is being made to ‘remove an anomaly that meant some higher rate taxpayers saw their bills fall while others on…

Dividend 2017/18 and 2018/19

Scotland revise income tax bands Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget.The change is being made to ‘remove an anomaly that meant some higher rate taxpayers saw their bills fall while others on…

Autumn Budget 2017

Scotland revise income tax bands Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget.The change is being made to ‘remove an anomaly that meant some higher rate taxpayers saw their bills fall while others on…

Changes to flat-rate VAT in more detail with examples

Scotland revise income tax bands Derek Mackay, Scottish Finance Secretary, has made a change to the proposed Scottish income tax bands for 2018/19 which he announced in December 2017 in the Scottish Draft Budget.The change is being made to ‘remove an anomaly that meant some higher rate taxpayers saw their bills fall while others on…