Read our latest Practice News as well as sector specific and accountancy updates from across the UK.
On the 25th May 2018 the new General Data Protection Regulation (GDPR) comes into force. If your business handles any personal data, be it client records, staff records, mailing lists or otherwise, you will be affected by the changes to the law. There are potentially huge penalties for non-compliance: to a maximum of 4% of […]
Tax Manager Tina Pratt and her sister Jackie produced a delicious range of home-baked cakes and goodies for the Berwick office and raised an impressive £155.76 for the BBC Children in Need appeal. Throughout December our Berwick office was a drop-off point for the Radio Borders Mission Christmas campaign. This year 1609 local children received […]
We are pleased to welcome a number of new faces to our offices. Lorraine Green has joined the admin team based in our Haddington office while Charlotte Thomson and Laura Fowle are welcome additions to our Wealth Management department…
HMRC has finally gone live with its new ‘Trust Registration Service’ (TRS) which replaces the old system of paper forms for registration of trusts and in return updates with an online service which can be updated in real time. The service went live for trustees in early summer 2017 and finally for agents in November 2017.
As you will now know, the government announced a major revision to the MTD timetable. Digital record-keeping and reporting are to be voluntary for smaller businesses and compulsory reporting is deferred to April 2019 for VAT and April 2020 at the earliest for other taxes. From 1 April 2019, businesses with taxable turnover over the VAT threshold – currently, £85,000 – will have to keep their VAT records digitally and submit VAT returns digitally to HMRC.