Insights

Steven High

Chartered Financial Planner

16 October 2024

Wealth

How to be as tax efficient as possible if you are a higher rate taxpayer

As Benjamin Franklin said over 200 years ago, “nothing is certain except death and taxes”. The good news is death and taxes may be certain, but there are things you can do to mitigate both. With the first Budget announcement under the new government on the horizon, now is a good time to consider what you can do to be as tax efficient as possible.

Michael McAllister

Partner & Head of Payroll Services

Connect on LinkedIn

15 October 2024

Payroll Services

Did you receive a Week 53 payment in 2023/24?

Typically, employers who pay weekly will be accustomed to paying their employees 52 times in a tax year between each 6 to 5 April. However, depending on how weekdays fall in a year, an employer may have to account for an extra tax ‘week’ within the same tax year because one or two days are remaining after tax week 52 has completed. Here, we explain what this means for employers.

Alexandra Docherty

Partner and Head of Private Client Tax

Connect on LinkedIn

14 October 2024

Private Client Tax

Changes to the Additional Dwelling Supplement from 1 April 2024

Following an extensive consultation period by Revenue Scotland, new legislation was introduced on 1 April 2024 to alter and, in most instances, improve the Land and Buildings Transaction Tax (“LBTT”) rules in respect of the Additional Dwelling Supplement (“ADS”).

Stuart Thomson

Corporate Tax Director

14 October 2024

Corporate Tax

Planned introduction of Scottish Building Safety Levy

On 19 April 2024, the Scottish Government announced that it had secured powers to introduce a Scottish Building Safety Levy (“SBSL”), to assist in raising the funding required to remedy unsafe cladding.

Tom Harrison

Tax Senior Manager

Connect on LinkedIn

11 October 2024

International Tax

Short term business visitors: UK Compliance Overview

A Short Term Business Visitor (STBV) is an individual visiting the UK place of business for working purposes from an overseas parent, subsidiary or associated company. Typically, ‘short term’ for this purpose represents a total period not exceeding 183 days.

Newer posts

Older posts

Back to top