Under the new Coronavirus Job Retention scheme announced on Friday 20th March, government grants will cover 80% of the salary of PAYE employees who would otherwise have been laid off during this crisis. The scheme, open to any employer in the country, will cover the cost of wages backdated to
Our offices will be closed from 1pm on Tuesday 24th December, and we will re-open at 9am on Thursday 2nd January 2020. Our offices will be closed from 1pm on Tuesday 24th December, and we will re-open at 9am on Thursday 2nd January 2020. Merry Christmas!
Did you know that you can claim business mileage for riding your bike at work? Here is how to get fit, save tax, and protect the environment. Do you use a bike at work to go and visit customers, suppliers or your Accountant? A little know fact is that you
We were delighted and honoured to be awarded the title of Small Accountancy Firm of the Year at the 2019 Scottish Accountancy & Financial Technology Awards in Glasgow on the 20th June. We were delighted and honoured to be awarded the title of Small Accountancy Firm of the Year at
Pass on your house free of IHT. The introduction of the residence nil rate band (RNRB) opens up the possibility of leaving the family home to successive generations without triggering an inheritance tax charge. Pass on your house free of IHT The introduction of the residence nil rate band (RNRB)
Can I employ a family member in my business? How much should I pay them? What are the pitfalls to avoid? Many small businesses, whether incorporated or not, pay family members for working for the business. However, as a recent case shows, it is easy to make mistakes which can
Dividends provide an opportunity to extract profits in a tax-efficient manner. Extracting profits as dividends Dividends provide an opportunity to extract profits in a tax-efficient manner. As a rule of thumb, it is generally tax-effective to take a salary equal to the primary and secondary threshold for National Insurance purposes
The minimum auto enrolment statutory contributions will be increasing in April in line with auto enrolment legislation. By law, minimum pension contributions will soon be increasing. The minimum auto enrolment statutory contributions will be increasing in April in line with auto enrolment legislation. It is the business owners responsibility to
An Accountant’s Exhibition that set the pulses racing…. On Wednesday I popped over to Glasgow to attend the inaugural Accounting Live! Exhibition at the SECC. Aimed at accountants and financial professionals, it had a whole host of software and service providers as well as a stellar line up of presenters
To truly hook your customer, you must manage their ability to act and motivate them into action. Your aim is to make their action easier than thinking. To truly hook your customer, you must manage their ability to act and motivate them into action. Your aim is to make their