Philip Hammond gave us a confident, relatively positive and, at times, witty Budget speech, though the uncertainty and fear over the impact of Brexit was largely brushed aside. Whilst thereRead More
Well, another budget slips by and this one came with plenty of rumours, expectation and so called “expert” predictions. The Chancellor was under pressure with his first Autumn budget toRead More
Timetable for bank sale
The Treasury is to kick off the privatisation of Royal Bank of Scotland ..
Philip Hammond handed Scottish Finance Secretary Derek Mackay a double challenge of matching cuts in income tax and the cost of buying a home in England.
Budget: Business taxes and reliefs
Fears that the Chancellor would lower the VAT threshold for businesses were dismissed as he announced there would be no change to the current level of £85,000 “for two years”.Read More
Diesel car owners are to be hit with further tax increases if their car doesn’t meet the required standards. Vehicle Excise Duty will rise, meaning those cars that are notRead More
Budget: Alcohol and tobacco
Drinkers were spared a further hike in alcohol duties but smokers are set to be further out of pocket
Budget: Scottish consequentials
Progress is being made on city deals for Tay Cities and Stirling, and on a growth deal for the Borderlands, said the Chancellor. He confirmed a further £2 billion willRead More
Budget: savings & pensions
A decision to leave pensions tax reliefs untouched gave some relief to the industry though there are expectations of further change to come. Sara Wilson, head of platform proposition atRead More
Budget: Oil and gas
Chancellor Philip Hammond has pledged to introduce transferable tax history for the oil and gas sector in a move designed to attract fresh investment. The measure, which Mr Hammond describedRead More