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Year End Tax Planning Opportunities

Wednesday 5 April 2023 sees the end of the current tax year so now is the time to think about how to make the most of the allowances and reliefs available to you.

Extension to Scottish short-term let licensing scheme

In March 2022 we highlighted legislation being introduced in Scotland requiring hosts and operators of short-term and holiday lets…

Scottish Budget 2023/24 Summary

The Scottish Budget plans for 2023/24 were announced on 15 December and included the freezing of tax thresholds and an increase in income tax.

New law to ensure staff receive 100% of tips

Find out how to prepare for the law regarding tips and gratuities are paid to staff that is currently making its way through parliament.

Tax Friendly Christmas Celebrations

Make your Christmas celebrations as tax friendly as possible by taking advantage of seasonal tax breaks.

Christmas Opening Hours

Christmas is nudging ever closer. To be sure everyone knows when we are taking our festive break here are our opening hours for Christmas and New Year.

Autumn Statement Highlights

Chancellor Jeremy Hunt has announced his Autumn Statement outlining measures to address the £55 billion gap in public finances and manage the impending recession. Here are the main points.

Basis Period Reform: Will it affect your business?

The Government is reforming income tax basis periods. You need to know if and how this may affect your business?

Profit Extraction – salary, dividends or both?

What's most tax efficient for Company Directors, a salary or dividends.

Au Revoir after 125 years

Three of GWA's longest serving staff are retiring before the end of the year. Here's a little of their GWA history. We wish them all the very best.

Gold Standard for GWA’s Payroll Team

Greaves West & Ayre’s payroll department has been awarded the Payroll Assurance Scheme accreditation.

Door closes on old Gateway for VAT return submission

The old online Government Gateway Account for the submission of monthly and quarterly VAT returns is closing. Make sure you avoid penalties for non-compliance.