tax
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage,… Read more »
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During today’s budget, Chancellor George Osborne announced a series of measures affecting Stamp Duty Land tax (SDLT), both on commercial properties and residential properties. The Chartered Institute of Taxation (CIOT) is cautioning that this may encourage Scotland’s Finance Minister, John Swinney, to consider changes to the Scottish equivalent, the Land & Buildings Transaction Tax (LBTT) in respect of commercial property and the new LBTT additional dwellings supplement.
The Low Incomes Tax Reform Group (LITRG) has welcomed the announcement in today’s Budget of mentoring support for low earning self-employed workers to help them grow their businesses. However LITRG is warning that changes are needed to the financial support that low earning self-employed workers get too.
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