Author: Jamie McLachlan

The next step for Making Tax Digital

Making Tax Digital (MTD) for VAT has been in place for three years, but this first phase excluded voluntarily registered businesses beneath the registration threshold. From 1 April 2022, all VAT-registered businesses must implement MTD regardless of turnover. The vast […]

We are recruiting for a graduate accountant

Join our growing team As a graduate accountant you will be supporting the Management Accounting department and the R&D Tax Credit department. You will learn essential business and professional skills in a fast-paced environment.  A full induction and training programme […]

MTD for income tax postponed to 2024/25

Having listened to stakeholder feedback from businesses and the accounting profession, the government have announced that they will introduce Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) a year later than planned, in the tax year beginning in April […]

Customer Service in a Digital World

It is still evolving, but some hard and fast rules have emerged. Some of the best businesses used to stand out with their attention to detail, personal touch and ties with people in the community. With the increasing shift to […]

Maxing Tax Digital delayed until 2024

In recognition of the challenges to many businesses due to the pandemic, the government has delayed the introduction of Making Tax Digital (MTD) for income tax self-assessment (ITSA) by a further year.   MTD will not be mandatory for self-employed individuals and landlords until accounting periods commencing on or after 6 April 2024. The start […]

Are you ready for MTD?

Making Tax Digital for income tax self-assessment may still be 18 months away, but if you are self-employed or a landlord, it is time to get ready for digital record keeping, ahead of the deadline. MTD ITSA (as it’s known) […]

MTD income tax pilot

The pilot scheme for Making Tax Digital (MTD) for income tax is now open for self-employed workers and landlords. The scheme becomes mandatory for accounting periods commencing on or after 6 April 2023, so those who join now will get […]

£3.75 million to improve rural connectivity

Mobile coverage in some of the most rural parts of Scotland will be improved with an additional £3.75 million investment. A further nine masts are earmarked for the Scottish Borders, Highlands, Angus and island communities, along with three to replace masts […]

Making Tax Digital (MTD) for VAT – end of “soft landing”

MTD for VAT currently applies to VAT registered businesses with taxable turnover in excess of £85,000, the current VAT registration threshold. From 1 April 2022, MTD for VAT is being extended to all VAT registered businesses. HMRC have updated their […]

ARE YOUR DIGITAL BANKING PLATFORMS SUITABLE FOR BUSINESS?

Digital banking platforms such as Starling Bank or Monzo have risen in popularity, but are they suitable for business use? Digital banks have built popular apps for personal users to manage their current accounts from their smartphones. The apps allow […]

Digitisation – The Benefits To Your Business

What is Digitisation? Digitisation of your business involves automating many processes which would previously be manual, such as data entry and bank reconciliations, through use of cloud accounting software such as Xero. The end result of these changes in your […]

Management Accounts: Creating Value and Strategy

Management Accounts: Creating Value and Strategy

As the modern world has become fast paced and technology-driven, it is now more important than ever to have control of your business and to know what’s ahead. This is were Management Accounting comes into play.

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