MSPs clash over Scotland’s tax policy

21 Sep 2017

Members of the Scottish Parliament (MSPs) have backed the notion of increasing rates of income tax to enable greater investment in public services.

Read more...



Brexit uncertainty is harming Scotland’s recovery, Institute finds

20 Sep 2017

Continuing uncertainty over Brexit negotiations is casting a shadow over Scotland’s economy, an influential body of economists has warned.

Read more...



Scottish SMEs urged to take on young talent

18 Sep 2017

The Scottish Government is calling on the nation’s small and medium-sized enterprises (SMEs) to take on young talent as part of an often-overlooked funding scheme aimed at small firms.

Read more...



Revenue’s crackdown on VAT evaders yields £3.4 billion from small and medium firms

15 Sep 2017

New analysis of HM Revenue & Customs’ (HMRC’s) data has revealed that the department collected an additional £3.4 billion from small and medium-sized businesses in the tax year to April 2017. Investigations in the 2016/17 tax year by HMRC’s compliance

Read more...



HMRC launches new online forum to give small business owners direct tax advice

15 Sep 2017

A new online forum has been launched by HM Revenue & Customs (HMRC) which has been designed to help company owners resolve simple issues related to starting and growing a company. The new website provides a message board, discussions and

Read more...



Taxpayers begin to receive simple assessment requests (PA302)

15 Sep 2017

Taxpayers across the UK will have begun to receive a simple assessment (form PA302) from HM Revenue & Customs (HMRC), which will ask for payment of tax that cannot be coded out under PAYE. A simple assessment is a tax

Read more...



HMRC dynamic coding causes issues for taxpayers

15 Sep 2017

From July this year, HM Revenue & Customs (HMRC) has been utilising its new system of dynamic coding, which allows for in-year adjustments (IYAs) of a person’s tax code. Under the new regime, codes can be adjusted by the Revenue

Read more...



HMRC: 5,000 more customs officials needed to cope with Brexit demand

15 Sep 2017

The UK could need up to “5,000 more customs officials” after it officially leaves the European Union, according to a new report.

Read more...



Senior Scottish politician says survey underlines Brexit risks

14 Sep 2017

Scotland’s Economy Secretary has reacted to research which revealed that close to one in four manufacturing firms in Scotland have already lost, or could be at risk of losing, staff due to Brexit.

Read more...



Scotland confirms radical reform of business rates

13 Sep 2017

Holyrood has outlined plans for a major shake-up of Scotland’s business rates system, which it hopes will prove attractive to firms.

Read more...