Blog15th Feb 2023Will the new IFRS 17 apply to Company X, a NON-insurance provider?Think back to where you were as 2022 became 2023, at the stroke of midnight. It is possible that you felt the ground quiver at that precise moment; that you had an unshakeable feeling of a seismic change kicking into…By Lauren McIlroyView more
Blog6th Feb 2023Celebrating 50 Years of the Simple Tax: A Milestone OverviewAs we mark the 50th anniversary of the Simple Tax, it’s an opportune moment to reflect on how this straightforward tax policy has influenced the financial landscape and shaped our understanding of taxation over the past five decades. 1973 was…By Alistair DuncanView more
Blog27th Jan 2023How To Steer Clear of Double Duty ChargesWith all the changes that have impacted traders since the United Kingdom (UK) left the European Union (EU), one of the greatest challenges faced by importers is customs duty liability. Customs duty is now potentially due on all goods imported…View more
Blog26th Jan 2023Self Assessment Tax Return Deadline Around The CornerThe deadline for completing your 2021/22 self-assessment tax return online is 31 January 2023 and those who file one later than that will usually have to pay a fine. HM Revenue and Customs (HMRC) announced at the start of January that…By Jill WalkerView more
Blog25th Jan 2023The Importance Of Succession For Family BusinessesWithin the intricacy of family businesses, succession planning weaves the path for continuity and prosperity. This article delves into the significance of succession planning, highlighting its role in safeguarding the legacy of family enterprises. From nurturing talents within the family…By Paula FraserView more
Blog17th Jan 2023The hidden tax pitfalls of cryptocurrencyIf cryptocurrencies are not the most popular form of investment, they are almost certainly the most talked about. And no wonder – it’s thrilling stuff. Cryptocurrency is relatively new and mysterious to many people. A tantalising balance of high risk…By Lynn GracieView more
Blog13th Jan 2023IR35 twists & (U) turns- what it means for employersIR35 reforms have been a popular (or not so popular) talking point for businesses in the last year, with the initial reversal in the Truss/Kwarteng controversial mini budget, which included the repeal of the IR35 changes, and all too quickly,…By Gillian ForrestView more
Blog22nd Dec 20222022 Sector Year in ReviewThis year has been a year of growth, a year of events, a year of change and overall, a year to remember. It has not come without its challenges and changes. As the year draws to a close we asked…View more
Blog20th Dec 2022Annual Tax on Enveloped Dwellings (ATED) valuation date changesAre you aware of the valuation date changes for Annual Tax on Enveloped Dwellings (ATED)? What is ATED? ATED is an annual tax payable in advance by companies and other non-natural persons (including partnerships with corporate members) who own an…By Michaela McCombieView more
Blog19th Dec 20222023-24 Scottish Budget Tax changesAfter a dramatic start, John Swinney delivered the Scottish government’s Budget for the 2023-24 fiscal year on Thursday 15 December 2022. We have outlined below the tax changes that individuals residing in Scotland should be aware of from a personal…By Jill WalkerView more
Blog13th Dec 2022What challenges are family businesses facing today?The UK is going through a period of uncertainty. The economy is struggling to recover from the Covid-19 pandemic, we’ve had months of political uncertainty and the rise in the price of necessities such as energy and food have caused…View more
Blog12th Dec 2022Food & drink sector dos & don’ts for cost of living crisisThe soaring price of food, energy and running costs has pushed inflation to a 40-year high as the rising cost of living continues to squeeze. UK food and energy prices are rising at their fastest rate in 42 years. With…View more