The Residence Nil Rate Band

It’s important that your accountant is there to give you the best advice when you need it, in good times and in bad. When a loved one passes away it can bring a number of important decisions that will affect the surviving family. That is why it’s important to develop a relationship with your accountant[…]

New Scottish Income Tax Rates and Bands

From 6 April 2018, new Scottish income tax rates and thresholds will apply:   Income (£) Name Rate (%) Below £11,850* N/A 0 £11,850** – £13,850 Starter 19 £13,851 – £24,000 Basic 20 £24,001 – £44,273 Intermediate 21 £44,274 – £150,000*** Higher 41 Above £150,000*** Top 46   *No tax is payable on income below[…]

Why we support Help for Kids

It’s the time of year for reflecting on the past as we prepare for the year ahead.   At MMG Archbold we strive to help you, our clients, achieve your goals but it’s also important for us as a local business to support those in our community who are in need.   Our Director of[…]

Are you losing State Pension?

Do you know that your Child Benefit claim affects your State Pension entitlement? Child benefit used to be paid automatically to all parents of children aged 16 or under no matter the level of the parent’s income. This changed in January 2013 when it became means tested.   If both parents each earn less than[…]

Cloud Accounting

We are in a digital age.  For many people social media updates are replacing letter writing, groceries are delivered to our door at a click of a button and we keep up to date with the latest news via a tweet! The way we live our lives is more efficient, and resisting this change is[…]

Jenna Gauld - MMG Archbold Staff

In Jenna’s Shoes

Our chartered accountant and tax adviser, Jenna Gauld, is the star of this week’s In Your Shoes blog. This popular blog series from Dundee and Angus Chamber of Commerce puts the spotlight on local business people to find out how they spend their time: Jenna Gauld is a Chartered Accountant and Tax Adviser at MMG Archbold[…]

Taking the Pain out of Payroll

Many businesses and their employees are aware of the legislation surrounding auto-enrolment for pensions. Indeed, the ‘staging’ dates for bigger companies have already come and gone, so quite a few lessons have been picked up along the way. Perhaps your own date still lies ahead, but you’ve talked to your IFA and identified a provider?[…]

Money laundering: your role in stopping the criminals

It’s not just accountancy firms and tax officials who have obligations in relation to money laundering, writes Derek Grant, MMG Archbold Partner. HMRC expects many others to play a role too. As you might guess, your accountant is expected to be on the look-out for potential money laundering and is obliged to report suspicious activity[…]