
As the new tax year (2022/2023) draws close, here is our reminder of the proposed income tax rates and allowances for Scottish taxpayers as announced in the Scottish Budget on 9 December 2021 by Scottish Finance Secretary, Kate Forbes.
Murray Beith Murray is a leading Scottish private client law firm.
For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.
As the new tax year (2022/2023) draws close, here is our reminder of the proposed income tax rates and allowances for Scottish taxpayers as announced in the Scottish Budget on 9 December 2021 by Scottish Finance Secretary, Kate Forbes.
Murray Beith Murray Private Client Partner, Peter Shand, writes in The Scotsman today. Read the full article below, republished by kind permission of The Scotsman:
For taxpayers whose affairs are within the self-assessment tax regime, there are two very important dates for settling tax liabilities. These are 31 January and 31 July.
The official deadline for filing a Self Assessment tax return for 2020-2021 without incurring a late filing penalty is 31 January 2022. However, for the second year running, HM Revenue & Customs (HMRC) is waiving late filing and late payment penalties for Self Assessment taxpayers for one month – giving them extra time, if required to complete their 2021 tax return and pay any tax due.
Murray Beith Murray Partner, Bill Meldrum, writes in The Scotsman today. Read the full article below, republished by kind permission of The Scotsman.