Tag: income tax

HMRC defends devolution record amid tax code error reports

HM Revenue & Customs defended its implementation of devolved income tax rates as tax professionals reported errors in the identification of Scottish taxpayers.

HMRC was unable to provide the National Audit Office with an action plan for the implementation of Welsh income tax, setting out “lessons learned” from the earlier implementation of Scottish income tax, the NAO said in a January 24 report. The plan was drawn up after a July 2017 event attended by HMRC staff involved in the Scottish project…

My news story for Tax Notes (free to view), published January 25:

HMRC Defends Devolution Record Amid Tax Code Error Reports

Scottish higher rate threshold frozen amid ‘tax gap’ concerns

The Scottish government’s tax policies will continue to focus on fairness and investment in public services, Derek Mackay, cabinet secretary for finance, economy and fair work, said as he delivered his budget.

But Mackay ignored the pleas of business groups who had expressed concerns over a “growing tax gap” between Scotland and the rest of the United Kingdom, according to Murdo Fraser, Conservative member of the Scottish Parliament and shadow finance secretary. My news story for Tax Notes (paywall), December 13:

Scottish Higher Rate Threshold Frozen Amid ‘Tax Gap’ Concerns