Ciot

Yesterday, Chancellor Rishi Sunak delivered his first Budget for 2020/21 in the House of Commons. The budget took into account the economic impact of the recent COVID outbreak and contained measures to mitigate any problems stemming from this.

The Chartered Institute of Taxation (CIOT) has said that MSPs can't rule out the prospect of making further changes to income tax before the start of the new tax year, despite yesterday's vote to approve Scotland’s proposed income tax regime for 2020/21.

Scotland's businesses are facing a 25% increase in the total business rates burden in just three years, according to the latest forecast by the Scottish Fiscal Commission.

The Chartered Institute of Taxation (CIOT) has said that the UK Budget date of 11 March has left Scotland with little room for manoeuvre. Alexander Garden, chair of the CIOT's Scottish Technical Committee, said: "A UK Budget on 11 March leaves MSPs with just a few days to react to changes made

Scotland’s councils need clarity about how they will be expected to pay for the costs of implementing Scotland’s new tourist tax, according to the Chartered Institute of Taxation (CIOT). In written evidence to a Scottish Government consultation on proposals to give councils the power to

The Edinburgh Tax Network, the Institute of Chartered Accountants of Scotland, Chartered Institute of Taxation and Her Majesty's Revenue and Customs, with support from Terra Firma Chambers, will present a joint seminar and discussion on 24th October on the subject of ‘Exiting from Private/Fami

Peter Dylewski New measures to crackdown on abuse of a VAT simplification scheme may be ineffective and have unwelcome consequences for tax-compliant small businesses, the Chartered Institute of Taxation (CIOT) has warned.