News

Following a successful legal challenge, it is now possible for opposite sex couples to form a civil partnership in England, Wales and Northern Ireland, with the law in Scotland expected to follow shortly. The government expects up to 84,000 opposite sex couples to form civil partnerships this year as a result of the change.

The Scottish Government has proposed the rates and thresholds for Scottish income tax that will apply to the non-savings and non-dividend income of Scottish taxpayers from 6 April 2020. These are subject to approval by the Scottish Parliament, which we expect in March 2020.

Guidance and draft legislation on the loan charge, following Amyas Morse’s independent review and the government response, have now been published. The headline is that the loan charge remains in place, although some changes have been made. We await further clarification on some aspects from HMRC, but here we give you some information as to what it all means…and what it doesn’t.