All the updated news related to chartered institute of taxation

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Kwarteng’s mini-budget creates further tax divergence between Scotland and UK

Taxpayers in Scotland face higher tax bills than those in England after Friday’s so-called mini-budget created further tax divergence between Scotland and the rest of the UK. Chancellor Kwasi Kwarteng announced a cut in the basic rate of tax to 19p ...

23 Sept 2022 at 15:09

Scotland

Tax increases ‘somewhat offset’ by national insurance cut, say experts

Scottish tax increases will be offset by UK-wide cuts to national insurance, experts have said ahead of the new tax year. The divergence means Scots earning up to £112,900 will pay less combined compared to the previous year. An estimated 49% of ...

05 Apr 2024 at 14:43

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