Second State Pension Age Review launches
The review will consider whether the rules around pensionable age are appropriate, based on the latest life expectancy data and other evidence. The Pensions Act 2014 requires government to regularly […]
Recovery Loan Scheme extended.
Applications for this loan have been extended and are now open until 30 June 2022. Launched on 6 April 2021, the Recovery Loan Scheme (RLS) provides financial support to businesses […]
HMRC gives Self-Assessment taxpayers more time to ease COVID-19 pressures
Late filing and late payment penalties are to be waived for one month for Self-Assessment taxpayers. HM Revenue and Customs (HMRC) is waiving late filing and late payment penalties for […]
DIARY OF MAIN TAX EVENTS
DECEMBER 2021/JANUARY 2022 Date What’s Due 01/12/21 Corporation tax for year to 28/02/2021 unless quarterly instalments apply 19/12/21 PAYE & NIC deductions, and CIS return and tax, for month to […]
Less than a month until full customs controls are introduced
HMRC are reminding traders to prepare for customs changes that come into effect on 1 January 2022. You will no longer be able to delay making import customs declarations under […]
Aligning your sales and marketing efforts
In many businesses, marketing and sales functions are not very joined up. Sales and marketing teams typically work in silos. Marketing focuses on communication and supporting the buyer’s journey, while […]
LET’S HAVE A REAL CHRISTMAS PARTY THIS YEAR!
Last year many businesses put on a “virtual” Christmas party event and HMRC agreed that would be acceptable in order for there to be no taxable benefit for the employees […]
Negative test becomes part of certification scheme
People attending venues covered by Scotland’s COVID certification scheme are to be given the option of providing a recent negative lateral flow test for the virus, as an alternative to […]
Reimbursing Fuel for Company cars from 1 December 2021
As the result of recent increases in fuel prices, HMRC have increased the advisory fuel rates that apply for the reimbursement of employees’ private fuel for their company cars. The […]
Tackling the Omicron variant
Six cases of the COVID-19 Omicron variant have been identified in Scotland. Four cases are in the Lanarkshire area and two have been identified in the Greater Glasgow and Clyde […]
Alexander Marshall 