Latest News
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Scottish Budget confirms 2022/23 income tax rates
The devolved Scottish parliament sets its own income tax rates and thresholds. In the latest Scottish Budget, the rates for the next tax year were announced. What’s the position for Scottish taxpayers?
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Government to implement suggested CGT changes
In May 2021, the Office of Tax Simplification made a number of recommendations for simplifying the capital gains tax system. The government has now accepted some of these. What’s the full story?
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Post Office payments temporary reprieve
HMRC was due to stop payments of certain benefits, including tax credits and child benefit, into Post Office accounts on 30 November 2021. However, a last-minute reprieve will be welcome news to claimants. What’s going on?
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Latest advisory fuel rates now available
HMRC updates its advisory rates for business miles undertaken in company cars quarterly. The latest figures are now available - what impact has the recent rise in fuel costs had?
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HMRC issues warning to those filing tax returns
December and January are always the busiest months for tax return filing. HMRC has recently issued a warning about self-assessment scams, including phishing emails and texts. How can people avoid getting caught?
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First Freeport tax sites designated
Eight Freeport sites were announced as part of the 2021 Spring Budget. However, no business has been able to take advantage of the tax breaks yet. Why is this, and what has now changed?