Author: Jamie McLachlan

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.

The Countdown Is On For Making Tax Digital

The Countdown Is On For Making Tax Digital

The countdown to 1st April 2019 is officially on for HMRC’s Making Tax Digital (MTD) requirement. With the clock ticking, you can forget the uncertainty of Brexit as compliance with MTD is what matters to your business right now. Are […]

Register Here To Check Your R&D Tax Credits Eligibility

Register Here To Check Your R&D Tax Credits Eligibility

With over £2m of successful R&D Tax Credit claims for our clients to date and with the average claim in the UK being approximately £61.5k; it is important to ask yourself how many extra sales your company would need to […]

ammu hubs