Home - Payroll News
- Recent HR News
- FREE Newsletter
- Payroll and HR FAQs
- Payroll Forum
- Payroll Calendars
- Payroll Tools
- Monthly Brain Teaser
- The Authors
- About Us
- Contact us
scottish income tax
Budget 2013 – Personal Taxation
Tax Allowances The headline announcement is that the Personal Allowance is to increase by £560.00 to £10,000.00 from 06 April 2014. This is for people born after 05/04/48. This increase is in accordance with the Government’s 2010 Coalition Agreement, which stated that this was long-term policy objective, to be met by the end of the [...]
Scotland Act 2012
The Scotland Bill received Royal Assent on 01 May 2012 and can now be referred to as the Scotland Act 2012. This transfers from Westminster to Holyrood a number of fiscal measures, and implements the recommendations of the Final Report of the Commission on Scottish Devolution (the Calman Commission). The Act includes powers for: A [...]
Income tax and National Insurance proposals for 2011/12
On 15 February, the Treasury Minister announced that no changes are proposed to income tax allowances and rates and Class 1 NICs rates for the tax year commencing 6 April 2011. The changes to NICs thresholds are proposed as follows: lower earnings limit, from £97 to £102 per week upper earnings limit, from £730 to [...]
Scottish income tax and its impact on pension schemes
The Scotland Bill makes provision for the introduction of different rates of income tax from those applicable in the rest of the UK. The Bill defines the way in which the Scottish government will be able to set different rates of tax and also defines a “Scottish taxpayer”. The latest issue of the Pension Schemes [...]
