More information can be found in the Memorandum of Understanding between HMRC and Scottish government was published on 4 April 2013. For more information and to view some “Frequently Asked Questions” click here .
How would Scottish independence affect employers?
15 August 2014
As the referendum on Scottish independence draws closer, how would a vote for independence affect employers?
Now that the question is becoming more immediate, we are re-issuing our earlier paper on what a “Yes” vote might mean for employers.
Cameron promises new powers for Scotland and all other countries within the UK
22 September 2014
Comments made by the Prime Minister in the wake of the Scottish referendum result could indicate a return to the debate about local income tax.
Is the Lyons Review about to come to the surface again? After the No vote from Scottish residents on 19 September 2014 and David Cameron’s pledge to give the English powers in addition to Wales, Scotland and Northern Ireland going to be the catalyst for local regions to not only want a budget for their region, but also the ability to set the tax rates for their region. On Look North in Cumbria on 19 September 2014 the local news channel shared aspirations for local councils to not have to go cap in hand to Westminster; so will this mean local income tax? The views of the public might be a positive one for their region, but for payroll this could be a nightmare in the making; regional taxes; need we say more……..
Scottish Rate of Income Tax introduction
28 October 2014
Following the recent announcement that the Scottish rate of income tax will come into effect from 6 April 2016, HMRC have now confirmed how employers will be advised which code to apply for 2016-17. HMRC have stated that they will tell employers, via the annual coding notice run in March 2016, which tax code to apply for the coming 2016-17 tax year. Therefore payroll software suppliers have been asked to ensure that software must be ready to accept the new Scottish tax codes that will be issued towards the end of the 2015-16 tax year.
Scotland to set own tax rates and bands
28 November 2014
The Smith Commission has agreed that the Scottish Parliament should be given the power to set income tax rates and bands on earned income and will retain all of the income tax raised in Scotland.
The report says that the Scottish Parliament should have the power to set income tax rates and bands, the body on strengthening devolution has concluded.
CIPP Policy News Journal
08/04/2015, Page 458 of 521
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