News

Read our latest Practice News as well as sector specific and accountancy updates from across the UK.

Property income and interest relief

The surprise announcement in the Summer Budget 2015 restricting income tax relief for interest costs incurred by landlords of residential properties became law in November 2015. Any hopes that the Chancellor would change his mind were dashed in the Autumn Statement in December when additional charges to Stamp Duty Land Tax on purchases and acceleration […]

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Partner Retires after 42 Years – Peter Ayre

Peter Ayre, one of the firm’s senior partners, retired on 31 March 2016.  He has been with the firm since January 1974, having left school in Edinburgh.  Peter was born in Berwick and was educated at Holy Trinity, Cargilfield and Fettes.  He was actually an employee of the firm when he went to Cambridge for […]

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SDLT – New tax dangers when buying residential property

The Chancellor announced in his Autumn Statement in November 2015 that he would be introducing new rates of Stamp Duty Land Tax (SDLT) on purchases of buy to let properties or second homes. Few perhaps realised how much more complicated property transactions may well be as a result. At the end of December the government […]

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Encouraging Philanthropy in Berwick upon Tweed

Berwick upon Tweed benefits from a distinctive local culture and heritage. Perhaps due to the town’s relative isolation from other population centres, there is a real culture of ‘thinking locally’, when it comes to cultural, social and economic activity. Keeping money circulating locally is one way of boosting the town’s resilience in the face of […]

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Fit for Work

Businesses, particularly small businesses, can have significant problems coping when an employee is off work for a long time. There is a very strong evidence base for sickness absence that shows that the sooner the causes of absence are identified, and acted upon, the better. Intervention at four weeks, compared to six months, has a […]

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News

Staff News Summer/Autumn 2020

Appointments Since our last newsletter two new faces have joined our team in Berwick. Diane Lyons has  joined our Accounts team and Loren Veitch has started work alongside our Wealth Management team. In September we also welcomed back Danielle Campbell to our Corporate Services/Tax team following the birth of daughter Evelyn Grace last year. Work […]


Blog

Tax and Crypto Assets

2009 saw the launch of Bitcoin. Originally seen as being just for geeks and possibly hackers, crypto assets are becoming more common and even considered mainstream by many. HMRC has noted this increased interest in crypto assets. If you invest or trade in crypto assets and you pay taxes in the UK, you need to […]