Weekly tax brief | 11 December 2018

Act now or risk being unable to trade within the EU, HMRC warns
Andrew Hubbard and Brad Ashton 
HMRC has recently written to 145,000 VAT-registered businesses across the UK setting out the steps that need to be taken to prepare for a no-deal scenario. The message is stark – act now or risk being unable to trade with the EU.

Scottish Budget: Squeezed middle earners brace for tax hikes
Shirley McIntosh
Can we expect further divergence in tax rates between Scotland and the rest of the UK, and will middle earners be about to be hit the hardest? At this year's Scottish Budget on Wednesday, we'll find out.

Could a land value tax eventually replace business rates?
Shirley McIntosh
Although unlikely to feature in this week's Scottish Budget, the publication of a new report from the Scottish Land Commission has added to the growing clamour for a new land value tax. Could this be an eventual replacement for business rates? 

Assignment of £5bn Scottish VAT reliant on spending habits of just 360 households 
David Wilson and George Bull
It's hard to believe, but around £5bn in VAT is assigned to Scotland based largely on the spending habits of just 360 Scottish households. 

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