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04 Feb 2021
HMRC has revealed that more than 10.7 million taxpayers submitted their 2019/20 Self Assessment tax returns by the 31 January deadline.
HMRC has published the names of 139 named companies that failed to pay minimum wages amounting to £6.7 million to over 95,000 workers.
Finance Secretary Kate Forbes delivered the 2021/22 Scottish Draft Budget on Thursday 28 January 2021, setting out the Scottish Government's financial and tax plans.
As part of the Scottish Budget, Finance Secretary Kate Forbes also announced changes to Land and Buildings Transaction Tax (LBTT) which apply from 1 April 2021.
The government has announced that employers can now apply for a £1,000 bonus, a cash boost, to help them take on new trainees.
The Low Incomes Tax Reform Group (LITRG) has urged the government to raise the High Income Child Benefit Charge (HICBC) threshold to avoid it affecting basic-rate taxpayers for the first time in April 2021.
The Confederation of British Industry (CBI) has urged the government to provide more financial assistance to businesses affected by the coronavirus (COVID-19) pandemic ahead of the Budget on 3 March 2021.
The UK's Supreme Court has found in favour of small firms receiving payments from COVID-19 business interruption insurance policies.
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A wise man one said...
No person will make a great business who wants to do it all himself.
A goal without a plan is just a wish.
To accept good advice is but to increase one's own ability.
Any sufficiently advanced technology is indistinguishable from magic.
Advice is like snow; the softer it falls, the longer it dwells upon, and the deeper it sinks into the mind.
Whenever you see a successful business, someone once made a courageous decision.