OUR LATEST INSIGHTS

Blog29th Jun 2018

Making Tax Digital for VAT: MTD-Day minus 200…and counting

It’s a bit like GDPR – everyone’s suddenly talking about Making Tax Digital for VAT (“MTD”) but many businesses don’t know what it means and how it impacts them, let alone what they might have to do.

Blog28th Jun 2018

You Could Reduce Your Payroll Queries

Why not encourage your employees to self-serve online by activating their Personal Tax Account (PTA), as many of the queries your employees bring to you can be answered in their PTA.  Fifteen Million people are already using theirs and is…

Blog27th Jun 2018

Reflections on Digital Scotland 2018

  We had a good time at Digital Scotland 2018, the Scottish Public Sector’s digital transformation conference, in Glasgow last month. 

Blog26th Jun 2018

Have You Agreed Your PAYE Settlement Agreement?

A PAYE Settlement Agreement (PSA) allows employers to settle the tax and National Insurance (NI) due on small or irregular taxable expenses or benefits provided to employees rather than the employees suffering the tax on these.

Blog25th Jun 2018

Anything to declare to HMRC? Less than 100 days to go…

The countdown is on for individuals, Trusts and Estates to submit a full disclosure to HMRC if they need to correct their underpaid UK tax position in respect of any offshore interests.

Blog25th Jun 2018

Employer Compliance Reviews – HMRC’s current focus areas

HMRC Employer Compliance reviews are something most businesses are faced with at some point. These enquiries can cover a vast area of business procedures, however, tend to have a heavy focus around payroll, employee expenses and benefits, staff entertaining and…

Blog22nd Jun 2018

Living & Working Abroad: Are you Leaving UK Taxes?

Deciding to leave the UK to work abroad is a big decision but often the impact on your tax position is an afterthought. The tax treatment depends on a number of factors, including the length and timing of your departure…

Blog21st Jun 2018

Building Psychological Capital by Developing your HEROs

This month brought with it positive news on the levels of unemployment in Northern Ireland. As of May 2018 the unemployment rate had fallen to its lowest ever level of 3.1%. This compared favourably with the UK rate of 4.2%…

Blog15th Jun 2018

How Outsourcing Can Help Insourcing

Starting up or growing a business can be a challenging task. As a business owner you wear many hats, operations, HR, admin, accountant, handyman, finance function, and the list goes on.

Blog13th Jun 2018

Are You Feeling a Little ‘Out of Kilter’ with our Scottish ‘Tartan’ Tax ?

The 2018/19 Scottish budget was passed by Holyrood on 21 February, but what does this really mean for Scottish Tax Residents? Tax ‘Winners  Derek MacKay was keen to confirm the many winners, including those individuals earning less than £26,000, who…

By Lynn Gracie

Blog11th Jun 2018

Firms Working Internationally Facing Global Tax Headaches

With increased globalisation and information sharing agreements in place between countries, firms working internationally are facing global tax headaches as Governments aggressively attack companies using tax audits and assessments. Overseas authorities are focusing on direct taxes, such as personal taxes…

Blog6th Jun 2018

Building a Solid Foundation for UK & Norwegian Businesses

Following a period of consolidation and cost efficiency programmes, oil and gas related companies are beginning to see an improvement in performance and trade. This has been aided by the increase in the oil price which has doubled in two…