March 16, 2022
Much is made of the benefit of Gift Aid donations to charities, but many taxpayers are missing out on the benefits to them from making these donations. For…
Read More...March 7, 2022
The new company car advisory fuel rates published by HMRC took effect from 1 March 2022. Despite recent record prices for petrol and diesel, their rates for all three…
February 23, 2022
With just over a month until Making Tax Digital (MTD) becomes mandatory for all VAT registered businesses, are you MTD ready? The days of logging into the HMRC…
February 22, 2022
In September 2021, the UK Government announced the introduction of a new Health and Social Care Levy (HSCL) to increase funds for the National Health Service. The levy…
January 18, 2022
On 6 January, HMRC announced that it will waive late filing and late payment penalties for one month for Self Assessment taxpayers. While HMRC hope that many will…
December 16, 2021
The Treasury has responded to the Office of Tax Simplification (OTS), following its review of Capital Gains Tax (CGT) and Inheritance Tax (IHT). The extensive review covered various…
December 15, 2021
Since Public Health Scotland (PHS) urged people to defer Christmas parties at this time, many are turning to online or virtual parties this year. Where all normal conditions…
December 9, 2021
Finance Secretary, Kate Forbes, delivered the Scottish Budget for 2022/23 to the Scottish Parliament on 9 December 2021. The main areas prioritised in this Scottish Budget were business…
November 30, 2021
The new company car advisory fuel rates, which take effect from 1 December 2021, have been published by HMRC. The advisory fuel rates for journeys undertaken on or…
November 23, 2021
If you have overseas assets or income, you may receive a ‘nudge letter’ from HMRC asking questions to ensure that your tax affairs are in order. HMRC exchange…