Accountancy Blog

Our accountancy blog is updated monthly with our opinions on a variety of issues affecting our clients and the industry sectors we cover.

Child’s Play – Your Childcare Choices Explained

In order to support parents who currently work, wish to return to work or increase their working hours the government has introduced new ways to help with childcare costs. A: Tax Free Childcare Scheme This long awaited scheme will start being slowly rolled out by the government from 28 April 2017 and over time will […]

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Scottish Taxes – An Update

The Scottish Parliament has devolved powers to control certain taxes.  These ‘Scottish Taxes’ are: Fully Devolved Taxes Land and Buildings Transaction Tax Scottish Landfill Tax Air Departure Tax (from April 2018) Partly Devolved Taxes Scottish income tax rates and bands Assignment of taxes: VAT (expected to commence 2019/20) The decision by the Scottish Government to […]

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Can my company get a tax deduction for a parking fine?

Your business makes lots of deliveries by van to clients and quite often drivers have to park on double yellow lines as there is no available parking nearby. The result is quite a lot of Penalty Charge Notices (PCNs) issued by the local authority or the police. Your drivers are instructed to avoid parking in […]

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More People Paying Inheritance Tax

Latest figures from HMRC reveal a 22% increase in inheritance tax (IHT) receipts in the 2015/16 tax year. This is a significant uplift from the average 12% annual increases that have been experienced since 2010. There are several factors which have contributed to the latest increase including rising property prices and the static IHT nil […]

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Dealing with distractions

Research suggests that when we are distracted from a piece of work it takes between 10 and 15 minutes to get back to that point of focus afterwards. It is no surprise then that we often find it difficult to complete our scheduled work tasks. What can we do to manage our external distractions? Schedule […]

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News

Coronavirus/COVID-19: Update 7 April 2020

Although no new business support has been announced overnight, we are continuing to receive further clarity on existing measures. Some positive news we have received from a number of clients is that they have applied for and already received funding via the Small Business Grant Fund and Retail, Hospitality and Leisure Grant Fund.  If you […]


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Avoid the Cost of HMRC Investigation

Tax investigations by HMRC have been on the rise for a number of years. Anyone can be selected for an investigation by HMRC, whether you are a business, a director or an individual taxpayer. What does an investigation involve and why does it happen? Put simply, a tax investigation is when HMRC decides to take […]