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The Insolvency Act 1986Form 4.5 (Scot)Liquidators Statement of Receipts and PaymentsPursuant to Section 192 of the Insolvency Act 1986 and Rule 4.11 of the Insolvency (Scotland) Rules 1986Name of
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5 scot stands for 5% Scottish income tax.
Individuals who are Scottish taxpayers are required to file 5 scot.
You can fill out 5 scot by completing the relevant section on your tax return.
The purpose of 5 scot is to calculate and collect the Scottish income tax.
You must report your total income and indicate if you are a Scottish taxpayer.
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