Business and Tax News - Feb 2024

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May 8th 2024
Tax Week 5
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BUSINESS AND TAX NEWS - FEB 2024

Over a Million People Missed The Self Assessment Deadline

TAX RETURN

Over a Million People Missed The Self Assessment Deadline

11 million people out of the expected 12.1 million did file on time and avoid automatic late penalties.
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Scotland Adds New Tax Band For Higher Earners

UK BUDGET

Scotland Adds New Tax Band For Higher Earners

New advanced rate of tax is part of a host of changes to devolved Scottish taxation from April 2024.
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