The Spending Review 2025 is in, and while major headlines cover national strategy, there’s plenty that affects our clients here in Glasgow, Ayr, and across Scotland. Whether you’re self-employed, run a limited company, or simply want to understand the impact, […]
Category: All News
HMRC Simple Assessments: What to Expect
From June 2025, HMRC simple assessment letters will begin landing on doormats. They’re likely to catch many recipients off guard.
MTD Awareness Still Low Among Sole Traders
With less than a year to go until MTD for sole traders becomes mandatory, many remain unprepared.
Inheritance Tax: Using Lifetime Gifts
With the nil rate bands for inheritance tax gifts frozen for 16 years, more individuals are turning to lifetime gifts to reduce their estate’s IHT liability.
AI in Tax Appeals: Use with Caution
Using AI in tax appeals can be problematic if it replaces legal judgment.
Employment Status Rules for Salons
HMRC has published new guidance to clarify employment status for salons.
HMRC Struggles to Tax Interest Income
Taxpayers relying on HMRC to correctly calculate tax on interest are being warned: the system is under strain, and personal responsibility is key.
Companies House ID Checks Coming Soon
Companies House identity verification is being rolled out for directors, people with significant control (PSCs), and anyone who files on behalf of a company.
Mandatory Payrolling of Benefits Delayed
The deadline for mandatory payrolling of benefits has been postponed by one year. Employers will now need to report most taxable benefits through payroll software starting 6 April 2027.
New Rules for Statutory Sick Pay
Proposed statutory sick pay changes will introduce eligibility from the first day of sickness. The lower earnings threshold will also be removed.
Business and Agricultural IHT Relief: What the £1M Limit Means
HMRC’s recently closed consultation offers further clarity on how the new £1 million inheritance tax (IHT) relief cap for business and agricultural property will apply from 6 April 2026.
Continuing Our Commitment to Glasgow’s Business Growth
We’re proud to be continuing our role in Phase 3 of Glasgow City Council’s Business Growth Programme, supporting Glasgow-based SMEs and Social Enterprises with expert financial consultancy. As a chartered accountancy and business advisory firm, we specialise in Business Financial […]