Blog19th Aug 2022Making Tax Digital for Income Tax Self-AssessmentFrom 6 April 2024, Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) will apply to self-employed individuals and landlords with total business and/or property income above £10,000 per year. Under MTD for ITSA, taxpayers caught by the regime will…By Making Tax Digital for Income Tax Self-AssessmentView more
Blog17th Aug 2022Gender Pay Gap Reporting In Ireland 2022The gender pay gap is the difference in the average hourly wage of men and women across the workforce. The Republic of Ireland’s gender pay gap suggests an average difference of 14% between the average pay of males and females…View more
Blog17th Aug 2022Organised Labour FraudHave you heard of OLF (Organised Labour Fraud)? HMRC’s Fraud Investigation Service (FIS) uses this term when describing organised crime that involves genuine labour supplies. The Chartered Institute of Payroll Professionals published a HMRC special on the topic, but have…By Nicola BurnsView more
Blog9th Aug 2022Changes to Capital Gains Tax for separating couplesUnder the current Capital Gains Tax regime in the UK there are rules in place to allow for transfers of assets between spouses to be deemed to take place at no gain/no loss for Capital Gains Tax (CGT) purposes. That…By Jill WalkerView more
Blog8th Aug 2022Working Remotely – The New Norm For WorkplacesThe impact of COVID has been widespread and far reaching, touching all aspects of work and home life. Many now have the option to work from home, but some are taking this as an opportunity to work from anywhere, including…By Lynn GracieView more
Blog4th Aug 2022CYCLE TO WORK DAY – ANTICIPATING 1 AUGUST 2024As we approach National Cycle to Work Day on 1 August 2024, the significance of cycling for both personal health and environmental well-being continues to grow. Originally introduced by the UK government in 1999, the Cycle to Work scheme aimed…By Nicola BurnsView more
Blog3rd Aug 2022World Breastfeeding Week 2022 In 2022, reports of women receiving criticism for breastfeeding in public are still sadly occurring. Only recently, a staff of a major supermarket chain reduced a mother to tears after being told that she was being “inappropriate” for breastfeeding…View more
Blog2nd Aug 2022Importance of Tax Planning When Selling a BusinessSuccessful business owners usually think long and hard about their exit strategies and negotiating business sales that meet their needs, but relevant tax planning is often overlooked or considered too late in the process to be effective. When you’ve put…By Gunhild DamView more
Blog29th Jul 2022The resilience of Scotland’s food & drink sectorIn the last two years we have seen some of the most challenging times in business. In particular, the Scottish food and drink industry has been hit hard by varying restrictions imposed across the country. Despite these challenges, the industry…By Derek MairView more
Blog28th Jul 2022Employment (Allocation of Tips) Bill As the Employment (Allocation of Tips) Bill makes its way through Parliament, it is important to understand what the new Code of Practice to be issued by the Secretary of State would mean, especially for the hospitality, leisure and service…By Nicola BurnsView more
Blog26th Jul 2022New Ways of Working: Working from HomeThere is nothing innovative about working from home. Employees in some capacities have been working from home for years, whether this is in a self-employed position or whilst occupying roles that benefit from a higher level of autonomy and asynchronous…View more
Blog25th Jul 2022Is your 31 July ‘Payments on Account’ due for payment?Self-Assessment taxpayers who had a liability of more than £1,000 in the 2020/21 tax year are likely to be required to make ‘Payments on Account’ towards their 2021/22 tax liability. The first interim payment was due on or before 31…By Carol EdwardsView more