OUR LATEST INSIGHTS

Blog9th Jan 2019

Scale Rate Payments: What Scale of Checking is Required?

Where an employer reimburses employees set amounts of cash to pay for business expenses like travel and meals, these are known as scale rate payments.  HMRC publish advisory benchmark scale rate payments that can be paid in relation to qualifying…

Blog20th Dec 2018

Are you growing internationally?  Don’t neglect the structuring!

When contracting for work overseas, ensuring companies are aware of the potential taxes they will be faced with is of critical importance, so they can build a contract price which factors in as much additional tax and compliance costs which…

Blog19th Dec 2018

Learn to give feedback in real time

The problem with a classic appraisal is that it can often be backward looking. Let’s say you schedule it every six months. It can be demoralising and time-consuming to go over old ground and then file a report…that in reality…

By Laura Campbell

Blog18th Dec 2018

Non Resident UK Directors – Are you compliant?

Are you a UK business with overseas based directors? Are you aware of the compliance obligations?

Blog17th Dec 2018

Who’s that knocking at the door?

As the year has progressed and market conditions continue to improve on the back of continuing stability in energy prices, despite the uncertainties surrounding Brexit, there is a growing consensus that now is a good time to be selling your…

Blog14th Dec 2018

Construction Industry Scheme – The Costs of Building It Up and Getting It Wrong

Under the Construction Industry Scheme (CIS), contractors deduct money from a subcontractor’s payments and pass it to HMRC. The deductions count as advance payments towards their tax and national insurance bill. Contractors must register for the scheme, but subcontractors do…

Blog13th Dec 2018

Scottish Budget Update – LBTT for Commercial Property Transactions

Finance Secretary Derek Mackay has announced that the Scottish Government intends to reduce the lower rate of Land and Buildings Transaction Tax (“LBTT”) for non-residential property transactions, whilst increasing the cost for higher value property acquisitions.

Blog13th Dec 2018

Scottish Budget Update – LBTT Additional Dwelling Supplement (“ADS”) To Increase

Finance Secretary Derek Mackay has proposed increasing the rate of ADS from 3% to 4% which, if approved by the Scottish Parliament, will take effect from 25 January 2019.

Blog13th Dec 2018

Scottish Budget Update – Scottish Tax Gap to Widen For Higher Earners

Finance Secretary Derek Mackay has resisted calls to address the widening tax gap between Scotland and the rest of the UK.

Blog13th Dec 2018

Progression on the Scottish Laws of Succession

How an individual’s estate should be divided upon death is a complex topic and can be cause for much debate, not to mention family tensions. In Scotland, the law of succession is largely based on legislation dating back to 1964.…

Blog12th Dec 2018

Establishing credibility in a new E&P business venture

A relatively high and much more stable oil price has generated a lot of renewed investor interest in the North Sea upstream E&P sector over the past 12 months or so. Last month, in the UK Government’s 2018 Budget it…

Blog11th Dec 2018

Manage cashflow with superior tax planning

With a downturn in the economy and some uncertainty surrounding the UK’s position after Brexit, many companies are turning their attention to tax planning – especially if cashflow is becoming an issue. Here are seven different areas that are worth…