Uk Government

Scottish Land & Estates (SLE) has urged the UK government to use the upcoming budget to implement fiscal reforms that support rural communities, tackle climate change, and ensure the sustainable future of the rural economy. In a pre-budget submission, SLE outlines critical areas requiring g

Chancellor Rachel Reeves is expected to increase capital gains tax (CGT) on the sale of shares and other assets, but will leave the rate on second homes and buy-to-let properties unchanged.

An Aberdeen tax expert has warned that potential drastic changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT) as part of Labour’s Autumn Budget could stifle wealth creation and cost the Treasury more than it hopes to generate. The upcoming Budget on 30 October, the first of the new Lab

First Minister John Swinney met with Prime Minister Keir Starmer in Edinburgh to push for increased public investment in the upcoming UK budget. Mr Swinney stressed the need for "investment in our public services and in our infrastructure to stimulate the growth that all of us want to see delivered

As the UK's Labour government celebrates 100 days in office, ACCA (the Association of Chartered Certified Accountants) has urged the new government to stick to its priorities of putting economic growth at the heart of its agenda for the country. The accounting body also asks for more clarity on its

A freedom of information request has revealed that 18 individuals have voluntarily donated almost £620,000 to the Treasury this year alone. Since 2003, over 150 donations totalling £4.7 million have been made, including bequests left in the wills of 27 people.

The UK government has unveiled new measures to support small businesses and the self-employed by tackling the scourge of late payments, which is costing small businesses £22,000 a year on average and leads to 50,000 business closures a year.

The UK government has introduced a bill which permit cryptocurrency and other digital assets to be classified as personal property. The Property (Digital Assets etc) Bill, which enacts the recommendations of the Law Commission of England and, was introduced in Parliament yesterday.

Reforms to Inheritance Tax (IHT), Capital Gains Tax (CGT) and employer National Insurance (NI) could raise over £20 billion a year, and still pass a 'triple tax test' of improving tax efficiency, ensuring that tax rises fall on those with the broadest shoulders and not break Labour's manifesto

The UK has signed the first-ever international legally binding treaty aimed at ensuring that the use of AI systems is fully consistent with human rights, democracy and the rule of law. The Council of Europe Framework Convention on artificial intelligence and human rights, democracy, and the rule of

The UK government has abandoned plans to introduce a 'British ISA', a new type of Individual Savings Account that would have exclusively channelled savers' money into UK-listed stocks. Concerns arose that this new product would further complicate the investment market for individuals.

Scottish renewable energy projects with a joint capacity to generate almost 2GW of clean electricity have today won contracts in a vital UK auction.

It has been revealed that Aberdeen is set to become the headquarters for the UK government's new publicly-owned energy company, GB Energy. Sources close to the government have confirmed the news, although an official announcement from the Department for Energy Security and Net Zero is still pending,

The UK government’s proposed fiscal policy would generate a loss in economic value of around £13 billion compared to the economic contribution generated under the current windfall tax regime, according to Offshore Energies UK (OEUK). The energy trade body has released

The UK government's stake in RBS-owner NatWest Group has been further reduced from 18.99% to 17.97%. The Treasury's sale of the shares comes after the new Labour government decided it will no longer go forward with plans for a public offering of the government's remaining stake to retail investors.