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Personal Tax

Thinktank calls for tax system reform

Proposed system would introduce a single tax ‘schedule’.

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Scottish income tax changes approved

MSPs vote in favour of 5-band income tax system.

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Tax-free childcare fully rolled out

Under-12s now eligible, following delays to government scheme.

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Record number of tax returns submitted on time

4.8 million submit 2016/17 returns with less than a month to go.

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Chancellor calls for IHT review

Review needed to simplify ‘complex’ system.

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1 in 3 tax returns still outstanding

3 million returns are due, just 6 days before the deadline.

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Capital gains receipts set to hit new high

CGT receipts to rise by almost 5% since 2016/17.

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Stamp duty land tax receipts rise 23%

Chancellor facing calls to lower stamp duty in Autumn Budget.

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Self-assessment paper deadline looms

Paper tax returns will be accepted until midnight on 31 October.

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