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In these unprecedented times, new financial information to kickstart our economy is being reviewed by the Government and consistently updated. At Tax-Link, we believe information is a key element of success and we can help by keeping you up to date. If you have any queries, please do not hesitate to contact us, and together, we can make it through these challenging times.
1 in 5 Scottish firms fear rising payroll costs
Scottish accountants cite concerns over clients’ futures.MPs call to replace £38bn motoring taxes
Motoring taxation revenue forecast as zero by 2040.Auto-enrolment threshold frozen for 2022/23
Freeze expected to bring 17,000 more employees onto the scheme.Business confidence tumbled in late 2021
Confidence lowest in accommodation and food services.Millions to get help with rising energy costs
Households entitled to £350.Base rate of interest rises again to 0.5%
Interest rates rise for the second time in three months.Average household ‘will pay £1.1m in tax’
Tax burden at highest level in 70 years.DWP sets out long-awaited pensions dashboard roadmap
First generally accessible pensions dashboard not available until mid-2024.What to do if you missed the self-assessment deadline
HMRC has thrown taxpayers a lifeline due to pandemic pressures.2.3 million miss self-assessment deadline
Interest charged at 2.75% on tax owed from 1 February 2022.
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