News and Events - Page 12

If you’re a taxpayer and you’re concerned that you cannot pay your tax bill on time, you have the option to set up an online “time to pay” arrangement with HMRC.

There is now less than a week to pay 2021/22 self-assessment tax bills or face a penalty equal to 5% of the outstanding tax. Friday 3 March is the final deadline to settle any outstanding tax charges for 2021/22

We are welcoming new faces in all three of our offices and sadly saying goodbye and good luck to some starting their retirement.

In January this year a new penalty points system was introduced for the late filing of VAT returns and the late payment of VAT.

2022, for investors, was one of the most dramatic in history. We take a look at what the outlook might be for the year ahead.

Let our team guide you through the main tax saving and investment options available up until 5 April.

A positive start to the year. Since October, inflation has been declining and markets have been rising, however focus is starting to turn to recession.

Wednesday 5 April 2023 sees the end of the current tax year so now is the time to think about how to make the most of the allowances and reliefs available to you.

In what was a poor year for investors, the fourth quarter saw gains for stock markets led by Asian and European markets. Read more of our investment insights for the last quarter of 2022.

The deadline to complete your self-assessment tax return for the tax year 2021/2022 is the end of this month, 31 January 2023.

In March 2022 we highlighted legislation being introduced in Scotland requiring hosts and operators of short-term and holiday lets…

The Scottish Budget plans for 2023/24 were announced on 15 December and included the freezing of tax thresholds and an increase in income tax.