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Summer Newsletter 2025

In our Summer newsletter we look at the the implications of 'Making Tax Digital for Income Tax'. We also highlight, 'Why We Are Requesting Your Records Earlier This Year' and touch on the Autumn Budget and planned Rural Seminars further into the year.
In addition we share news of two new Partners and two new Independent Financial Advisers within the practice.

Summer Show Review

The annual agricultural shows across East Lothian, the Borders, and Northumberland offer a great chance to catch up with our clients and associates. We were pleased to support both the Haddington Show and the Border Union Agricultural Show again this summer.

Staff News

We welcome new colleagues, congratulate long service and achievements, and wish good luck to a retiring colleague.

Making Tax Digital for Income Tax

From April 2026 HMRC is introducing a new method for sole traders and landlords to report income and expenses, called ‘Making Tax Digital for Income Tax’.

Why We Are Requesting Your Records Earlier This Year

You may have noticed that we have been in touch earlier than usual to request your financial records for this year’s accounts and tax return season. We want to take a moment to explain why this change is necessary and how it benefits you.

Budget Preview and Rural Seminars – the GWA crystal ball…

With borrowing costs climbing and economic growth faltering, Chancellor Rachel Reeves is under pressure to find new revenue sources and that is stirring speculation about both fiscal drag and stealth taxes and also potential tax increases.

Community News

We are always pleased to support and engage in a wide range of community events across the local area and its surroundings, and these past few months have been no exception.

GWA Golf Day 2025

Friday, 20 June, saw us hold our annual GWA Golf Day at The Glen Golf Club, North Berwick. It was a glorious, sunny day, and the golf was of a very high standard, despite the blistering conditions.

Summer Holiday and Office Closures

Late Summer Bank Holiday Monday 25 August 2025: All offices - CLOSED

Global Market Commentary – July 2025

Risk appetite remained strong last month with the US and UK stock markets achieving new record highs. The first days of August have been a little more muted, with economic data proving mixed, but interest rates are on a declining path once again and may provide a lift.

Taxing and opting out of Winter Fuel Payments –

Taxing and opting out of Winter Fuel Payments -

Webinar – Bank of England update from the Deputy Agent for North East England

14 August 2025