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Summer 2022 Newsletter

This newsletter examines the pros and cons of Registering for VAT, tax implications of cross-border homeworking and new rules concerning Trust registration. Plus our recent efforts to support local causes.

Webinar Recording: What you need to know about inheritance

Our latest webinar recording suggests it's never too early to discuss inheritance and with inflation and the cost of living dominating headlines we also provide an information update on the markets.

New rules regarding Trust registration

Thursday 1 September is the deadline for the new rules regarding Trust registration. Do they apply to you?

Your may be eligible for an East Lothian Business grant

If you are based in East Lothian and are an established business or newly self-employed you may be entitled to a business grant of up to £20,000

Research and Development Relief – More Trial than Success

HMRC is increasing checks on R&D tax credit claims to stop the abuse of the relief. Find out in simple terms if your business could still benefit from R&D tax relief.

Global Markets Performance Update 2022 Quarter 1

The first Quarter of 2022 was dominated by the invasion of Ukraine continuing the market's rollercoaster ride.

MTD for VAT Deadline Reminder

Don't be caught out. If your business is VAT registered you must submit your VAT returns digitally, even if you are below the VAT threshold. Find out more

The Rising Cost of Doing Business

Businesses are facing a perfect storm - rising inflation, increasing interest rates and higher energy costs. Make sure you have all the information you need to manage your finances.

Fuelling the Problem – Changes to Red Diesel Use

Red diesel is no longer permitted for use in all non-road vehicles. Take a look at our check list to find out exactly where red diesel can be used legally.

New Regulations on Short-Term Lets in Scotland

If you host or operate a short-term and holiday let in Scotland you now need to apply for a licence.

Spring Statement 2022 Highlights

Reactions to the Spring Statement are, as ever, wide ranging. We have highlighted the key points which we feel are the most significant.

The Impact of the Russia/Ukraine Conflict upon Investment Markets

The Russian invasion of Ukraine is deeply concerning on many levels, creating the largest humanitarian crisis in Europe for decades. Growing sanctions against Russia is adding to market volatility. Looking after our clients' investments is our highest priority.