Every day, hotelier Stephen Leckie sees first hand, the changes in Scotland’s hospitality and tourism industry. As CEO of Crieff Hydro, one of Scotland’s most renowned hotels, he’s been immersed in the sector for over 30 years. He is also Chairman of the Scottish Tourism alliance - an industry body driving the plan and growth strategy for hospitality and tourism in Scotland. Here, he shares his thoughts on the current state of the industry, and what the future holds.
The extent to which HMRC can rely on computerised processes has been thrown into doubt by a tax tribunal. As we increasingly move into a digital tax environment, isn't it time for a fundamental review of the basic rules underlying the administration of the tax system?
It’s nearly a year since the last Budget when the Government published a position paper setting out its proposed approach for addressing the challenges posed by the digital economy on the tax system. But where has this got to and why does it matter?
Simon Hart, lead Brexit partner at RSM, considers the view on Brexit in the United States.
Data recently released by the BBC shows that people in their 20s who rent their property in 2/3 of Britain have to pay an 'unaffordable' amount in order to do so. Many continue living with parents or pay the higher rental costs in the market. But is there an alternative? And will the European focus on long-term rentals become the new aspiration?
This week Conservative think-tank Onward floated a new idea to tackle the housing crisis. The proposal is that if a private landlord sells a property to a tenant who has lived in it for more than three years there should be a 50 per cent relief from capital gains tax. The tax on the other 50 per cent should be passed to the purchasing tenant. Simple? Not really…
It’s sometimes easier to identify innovation with a new product, so it may not be surprising to hear that manufacturers made the most R&D claims in 2016-17. The new statistics from HMRC also revealed a 40 per cent year-on-year rise in the number of claims for R&D tax credits from the sector, with the level of support provided rising by 15 per cent.
Following the stark warning this week from the UN's Intergovernmental Panel on Climate Change, might the Chancellor be tempted to disregard the Prime Minister's pledge and increase fuel duty?
There is a craft spirit movement which is exciting for the Scottish drink scene. This movement is epitomized by new innovations and product types challenging traditional perceptions.
The European Commission is proposing to align the VAT treatment of e publications with that of traditional printed publications. If the UK does not change its stance, consumers in the UK could still be paying VAT at 20 per cent on downloaded e-publications, even though e-publishers based in the UK could sell their products at a reduced rate in other EU member states.