Sinclair Day

January 29, 2019

Who pays Income Tax in Scotland?

According to HMRC, individuals pay Scottish Income Tax if they live in Scotland. Care should be taken when considering the phrase "live in Scotland". In particular, you may also pay Scottish Income Tax if you: - move to or from Scotland,- live in a
January 29, 2019

Maximum AIA calculations for split accounting periods

The recent, and temporary, increase in the AIA to £1m from 1 January 2019 creates computational issues if a trader's accounting period straddles this date. The following example published by HMRC illustrates one variant that you may encounter when
January 28, 2019

Government outlines new proposals to protect pregnant women and new parents against redundancy

The government has launched a consultation seeking views on new proposals to extend redundancy protection for pregnant women and new parents. As the law currently stands, employees who are placed at risk of redundancy when they are absent on
January 23, 2019

Welsh rates of Income Tax

The Welsh Government has confirmed that the proposed Welsh Government Budget has been ratified and that the new Welsh rates of Income Tax (WRIT) will be set at 10p for 2019-20. This means that the rates of Income Tax paid by Welsh taxpayers will