CHANGES TO YOUR BANK FEED

If you use cloud accounting software such as FreeAgent, QuickBooks or Xero, important changes are taking place in September that will affect you.   The open banking initiative runs alongside the EU’s Second Payment Services Directive (PSD2) which came into force in January 2018. The effects of PSD2 are starting to roll out, and if[…]

MAKING TIME FOR SELF DEVELOPMENT

As a business leader, you are focused on developing the people around you. But who is responsible for your own development? If you want to help your employees to grow and develop, you need to invest time in developing yourself, as a leader.   In order to focus on your own personal development, you need[…]

A STAFF SUMMER PARTY CAN BE A TAX-FREE BENEFIT

Your organisation may have an annual Christmas party for staff, but the tax rules also allow staff parties at other times of the year which are a tax-free benefit if certain conditions are satisfied.   The exemption applies to an annual party (for example, a Christmas party), or similar annual function (for example, a summer[…]

CONNECTING IN THE DIGITAL AGE

It’s time to rethink how we connect with customers, suppliers, colleagues and the business community.   The way we work is becoming increasingly digital. Today it is normal for people to work remotely at least one day per week and as the future of work looks set to become more and more focused on digital,[…]

HOW TO BE PRODUCTIVE WHEN YOU TRAVEL

Following her recent visit to Atlanta, associate Jenna Gauld reflects on how you can make the most of your time when out of the office.   In theory, when you travel with work, you should have time to focus on getting a few things done. In reality, it can be almost impossible to work in[…]

YEAR END TAX PLANNING

It’s almost the end of the financial tax year.  Associate, Jenna Gauld, identifies ways that may limit your tax liability and changes to regulations to be aware of after 6thApril:   CAPITAL TAX EXEMPTION Have you used your 2018/19 £11,700 annual capital gains exemption?  Consider selling shares where the gain is less than £11,700 before[…]

Helping St Johnstone FC achieve their accounting goals

We have been working hard to help get businesses across the region ready for a fully digital based tax system. By the end of the 2020/21 tax year, Her Majesty’s Revenue and Customs (HMRC) will require all businesses, including landlords, to interact and liaise digitally. This initiative is known as “Making Tax Digital” (or MTD).[…]

STRENGTHENING OUR INTERNATIONAL NETWORK

We are committed to supporting our client’s growing business, and in December I to travelled to the U.S. deep south to spend the week in Atlanta, Georgia.   The purpose of my visit was to join more than 50 independent accountants at the CP America annual conference. This international organisation offers an opportunity to create[…]