Some lease transactions in Scotland are subject to land and buildings transaction tax (LBTT). If you are the tenant of a notifiable lease of a commercial property in Scotland, and the lease was granted on or after 1 April 2015, then you must submit three-yearly lease review returns to Revenue ...
After much speculation, the Chancellor finally delivered her long awaited 2025 Autumn Budget statement on 26 November. In this article, we set out some of the measures that are likely to impact on individuals - in particular, those on lower incomes.
In the first couple of weeks of November HMRC are writing to some taxpayers who are legally required to follow the new Making Tax Digital rules from April 2026 to tell them what they must do to get ready. Do not ignore this letter, read on to find out what you should do.
Some taxpayers may find they receive more than one simple assessment calculation from HMRC for the same tax year. These calculations don’t always show all tax payments previously made, so they should be checked carefully to ensure that overpayments of tax are not made. In this article we explain ...
Apps which allow you to record your expenses when you are self-employed can be extremely helpful. But you should review the app-generated totals carefully before feeding them into your annual tax return. A little extra care here can prevent potentially expensive errors later. We explain what to ...
In advance of the 2025 Autumn Budget, LITRG have made a submission to HM Treasury recommending the operation of Pay As You Earn (PAYE) on the state pension.