News Archive
25/9/2022
Deadline Set For Schemes Compensating Victims Of Ww2 Property Confiscation
A deadline of 31 March 2023 has been set for making claims under 2 schemes compensating people who had assets confiscated during World War II. Final claims for compensation under the Enemy Property and Baltic States Schemes must be lodged by 31 March 2023.24/9/2022
Learning Estate Improvement Plan Phase Three Submission Agreed
At a meeting of The Highland Council on Thursday 22 September, Members agreed five schools be nominated for consideration to the Scottish Government - Learning Estate Improvement Plan (LEIP) phase 3 bid, applications will be taken forward in three separate submissions by 31 October 2022. The phase 3 submission will be presented as follows: A bid consisting of a bundle of three primary schools; Beauly Primary, Dunvegan Primary and Park Primary, a separate bid for ASL school, St Clement's School and a third bid for Tornagrain Primary.24/9/2022
Pay Down That Credit Card or Store Card Debt As Fast As You Can
Credit Cards are great things to have and to use and for many years it was easy to pile up the amounts owing. With relatively low interest rates and no cost of living crisis that may have suited your lifestyle.24/9/2022
Future looks bright for VCTs and EIS as government extends the schemes
Alex Davies, CEO and Founder of Wealth Club said: "It is great to see the Chancellor announcing the extension of the Venture Capital (VCT) and Enterprise Investment Schemes (EIS), especially after a year or so of speculation about whether a looming Sunset Clause could see the industry shut down in April 2025. Removing this uncertainty should give investors the confidence to continue supporting this key engine of British innovation.24/9/2022
Science Festival Launch & Mark Thompson's Spectacular Science Show
DATE: Tuesday 27th September, 2022 TIME: 6:30 pm DURATION: 2 Hours. LOCATION/FORMAT: Wick High School - Studio PRESENTER: Mark Thompson SUITABLE FOR ALL AGES FREE ENTRY.
24/9/2022
The Budget And Growth Plan From HMRC Perspective
On Friday 23 September, the Chancellor of the Exchequer, the Rt Hon Kwasi Kwarteng MP, published the government's Growth Plan - a package of measures to deliver a pro-growth, simplified tax system that supports business investment across the United Kingdom, and allows people to keep more of their own money. This comes a day after the government announced that the Health and Social Care Levy (HSCL) of 1.25% due to be introduced from April 2023 will not now go ahead - and that the 1.25 percentage point uplift in National Insurance contributions (NICs) rates that was introduced in April 2022, will end on 6 November 2022.
23/9/2022
Highland Organisations Invited To Apply For Over £5 Million Community Regeneration Funding
The Highland Council is inviting organisations to apply for over £5 million community regeneration funding to finance projects that will respond to the needs of their local area and have a positive community impact. Community Regeneration Funding is an umbrella term being used to cover multiple community-led funding programmes being administered by the Highland Council.23/9/2022
With Interest Rate Now 2.25% The New Normal May Soon Be 4 To 5 %
As the Bank of England raises rates for the seventh time in a row, to 2.25%, Dr Tony Syme, finance and economy expert from the University of Salford gives his take on what might happen next. Dr Syme said: "Another month, another interest rate rise, but now with a quickening pace.23/9/2022
Chancellor Announces New Growth Plan With Biggest Package Of Tax Cuts In Generations
The Chancellor today (Friday 23 September 2022) unveiled his Growth Plan to release the huge potential in the British economy by tackling high energy costs and inflation and delivering higher productivity and wages. Chancellor unveils new growth plan, tackling energy costs to bring down inflation, backing business and helping households.23/9/2022
Bank Rate Increased By Half Percent To 2.25 Percent
The seventh rate rise in recent times takes the rate to the highest for along time. The interest rate has been raised by the Bank of England from 1.75% to 2.25%.23/9/2022
A Look Ahead To Friday's Mini-budget
From the Institute for Fiscal Studies. On Friday, the Chancellor will make his first fiscal statement since taking office.
23/9/2022
The Growth Plan 2022: Factsheet On Investment Zones
As part of The Growth Plan 2022, the Chancellor announced we are in discussions with 38 local authorities to establish investment zones in England. The government intends to work closely with the devolved administrations and local partners to deliver this opportunity to drive local growth in Scotland, Wales and Northern Ireland.23/9/2022
Universal Credit Claimants Changes
Increase to Administrative Earnings Threshold (AET) - The government is increasing support and incentives for those on Universal Credit (UC) across Great Britain by increasing the Administrative Earnings Threshold to 15 hours a week at National Living Wage for an individual claimant (and 24 hours a week for couples) from January 2023. This builds on the increase due to come into effect from 26 September 2022 which will raise the threshold from 9 hours a week to 12 hours a week for an individual (and 19 hours a week for couples).23/9/2022
Only 1 Week Left To Use Your Paper £20 And £50 Banknotes
This is the last week that our paper banknotes can still be used. The Bank of England will be withdrawing legal tender status of paper £20 and £50 banknotes after 30 September 2022.23/9/2022
The Growth Plan 2022: Factsheet On Corporation Tax
Under the previous government's plans, the rate of Corporation Tax was to increase from 19% to 25% from April 2023 for firms making more than £250,000 profit, around 10% of actively trading companies. Companies making between £50,000 and £250,000 would also face a rise in Corporation Tax, with the rate increasing incrementally from 19% to 25% depending on how much profit a firm was making.23/9/2022
Income Tax Factsheet Following the Budget Statement - Mainly Applies To England
The government has announced that the planned 1ppt cut to the Basic Rate is to be brought forward by 12 months to next April. To allow people to keep more of their money, the Basic Rate of Income Tax will now be cut from 20% to 19% from April 2023, rather than from April 2024.23/9/2022
Reversal Of The Health And Social Care - National Insurance Levy Factsheet
The government is committed to a low-tax, high-growth economy. To make sure people keep more of the money they earn and for businesses to have the right conditions to drive investment, growth and productivity.23/9/2022
IR35 Reforms To Be Scrapped In April 2023
Reforms to the off-payroll working rules, known as IR35, are to be scrapped from April 2023, the Treasury has announced. This will mean that from 6 April 2023, contractors working for an organisation via an intermediary will once again be responsible for determining their employment status and paying the appropriate amount of tax and national insurance contributions.23/9/2022
Government Action On Tackling Energy Prices
Energy Price Guarantee (EPG) - The EPG will cap the unit price that consumers pay for electricity and gas in Great Britain and Northern Ireland. This will bring the average household bill down to £2,500 per year for a period of two years from October 2022.23/9/2022
