No change to income tax rates in Scotland

Last Updated: 31 August 2023

The Finance Secretary has delivered his budget statement to the Scottish Parliament this afternoon and announced that the Scottish Income Tax Rate will be set at 10% for 2016/17.

The effect of this is to ensure that Scottish Taxpayers will pay tax at the same rates as their counterparts in the rest of the UK, at 20%, 40% and 45%.

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HMRC: Agent Update December 2015

Last Updated: 31 August 2023

HMRC have issued their Agent Update for December 2015: we have summarised the key content for you.

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Tax relief and helpline for those affected by floods

Last Updated: 31 August 2023

The government's Cobra emergency committee has agreed that households and businesses affected by the severe weather and flooding in Cumbria and Lancashire will be given relief from council tax and business rates.  

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Budget 2016

Last Updated: 31 August 2023

The Chancellor of the Exchequer, George Osborne, has announced that the government will publish its next Budget on Wednesday 16 March 2016.

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Rangers EBT: a further appeal

Last Updated: 31 August 2023

The liquidators of former Rangers football club and the Murray group companies are to appeal against the recent decision of the Scottish Court of Session that found that EBT loans were actually remuneration.

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Last chance for capital allowances

Last Updated: 31 August 2023

All change for the AIA: the capital allowance rules change on 31 December 2015.

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  1. Autumn Statement 2015: the small print
  2. Autumn Statement 2015: speech at a glance
  3. ISA Help to Buy
  4. Bitcoin exchange services exempt from VAT
  5. No (sideways) loss relief for farming

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