Originally posted by vetran
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
IndyRef2 : This time it's war!
Collapse
X
Collapse
-
Originally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten. -
-
Originally posted by DoctorStrangelove View PostIncome tax was devolved in 2016 apparently.
It wasn't fully devolved. There is only the power granted to change each band +- a couple of percent and limited power to change the point at which this tax begins for higher earners. This has already been adjusted for the 40% tax band and adjusted up 1% to 41%.
People begin to pay the 41% in Scotland at £43662.
https://www.mygov.scot/income-tax-ra...nal-allowancesComment
-
Originally posted by DoctorStrangelove View PostIncome tax was devolved in 2016 apparently.Originally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.Comment
-
"If you didn't do anything that wasn't good for you it would be a very dull life. What are you gonna do? Everything that is pleasant in life is dangerous."
I want to see the hand of history on his collar.Comment
-
Originally posted by SimonMac View Post
I am sure once Holyrood gets control over setting Income Tax, and healthcare spending they will be able to fix they are inHis heart is in the right place - shame we can't say the same about his brain...Comment
-
Originally posted by Mordac View Post
Once they get to set their own tax rates (rather than tweaking the UK rate) I don't think there will be any higher rate taxpayers left in Scotland.
If you're a Director of a Limited Company formed in England, which was all Limited Companies up until a few years ago, then your corporation tax, dividend tax and income are considered to be in England, even if you reside in Scotland.
When tax intake figures are published they are incorrect, because those who are resident in Scotland but Directors of Limited Companies - PSC or more than one Director, are monetarily considered to be in England. This is a flaw in the stats that, as you can imagine, lessens the number of higher rate tax payers in Scotland quite a bit.Comment
-
Originally posted by agentzero View PostIf you're a Director of a Limited Company formed in England, which was all Limited Companies up until a few years agoComment
-
Originally posted by agentzero View Post
The nuances are in the data sets. As this is a contractor forum:
If you're a Director of a Limited Company formed in England, which was all Limited Companies up until a few years ago, then your corporation tax, dividend tax and income are considered to be in England, even if you reside in Scotland.
When tax intake figures are published they are incorrect, because those who are resident in Scotland but Directors of Limited Companies - PSC or more than one Director, are monetarily considered to be in England. This is a flaw in the stats that, as you can imagine, lessens the number of higher rate tax payers in Scotland quite a bit.
https://www.nrscotland.gov.uk/resear...s#RegistrationComment
-
Originally posted by ladymuck View Post
It's been possible to register a company in Scotland since 1856. I guess your idea of 'a few years ago' is a bit different to mine.
https://www.nrscotland.gov.uk/resear...s#Registration"If you didn't do anything that wasn't good for you it would be a very dull life. What are you gonna do? Everything that is pleasant in life is dangerous."
I want to see the hand of history on his collar.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Five top tips for attracting IT contractor talent Yesterday 07:24
- What the BoE's 1.75% interest rate means for contractor homeowners Aug 11 15:52
- How to get paid on time as a contractor business owner Aug 11 15:44
- New umbrella company initiatives go live to help protect contractors, and get them holiday pay Aug 9 22:51
- Contractors' Questions: Does being paid in foreign currency affect my tax residency status? Aug 8 23:06
- Liz Truss, Rishi Sunak and Nadim Zahawi continue to ignore Loan Charge appeals Aug 8 22:50
- Growth in IT contractor demand cools to its lowest level in 18 months Aug 8 17:30
- Securing work after RTW goes digital on October 1st will be quite a job without an in-date passport Aug 8 17:00
- Growth in IT contractor demand cools to its lowest level in 18 months Aug 7 17:30
- Growth in IT contractor demands cools to its lowest level in 18 months Aug 7 17:30
Comment