October 29, 2021

A&M Scotland Asset Manager Briefing Note: Volume 18

Introduction to Monica Houston, Manager at A&M Taxand

We are delighted to welcome Monica Houston as a Manager to our A&M team in Glasgow.

Prior to joining A&M, Monica spent 13 years with one of the top 10 professional services firms.  Monica specialises in both employment taxes and global mobility tax services where she has supported businesses across a number of sectors to manage their expatriate population and understand the tax and social security obligations where employees are working in the UK.

Monica earned a first class bachelor’s degree in Accountancy with Finance at the University of Glasgow. She is a Chartered Accountant and a Chartered Tax Advisor.  

Contact Monica Houston.

Extension to start date for Making Tax Digital (“MTD”) for Income Tax Self-Assessment (“ITSA”)

The Government recently announced a one year delay to the roll-out of MTD for ITSA which will now be introduced in the tax year beginning April 2024. 

Separately, we noted in our August Briefing Note that the Government recently consulted on proposed changes to basis periods for Income Tax. The Government has also announced that these proposed changes will not come into effect before April 2024, with a transition year not coming into effect earlier than 2023. The Government will respond to the consultation in due course providing the next steps.

Read the full notice of the MTD extension here.

Report on Non-Executive Director Fees in the FTSE 350 and FTSE SmallCap 

Our Executive Compensation team released a report on Non-Executive Director (“NED”) Fees in the FTSE 350 and FTSE SmallCap in July 2021 which looked at actual fees paid and the disclosed fee policies for FTSE 350 and FTSE SmallCap companies with year ends between 1 March 2020 and 31 January 2021.

Please refer to the link above where you can download a copy of the full report.

If you have any questions regarding the content of the report or any wider Executive Compensation queries, we would be delighted to introduce you to our colleagues.
 

Authors

Charlotte Walker

Manager
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