News

When I became an accountant ’The Olivetti Computer’ in the corner was only ever used by certain people, how times have changed!”  With her Institute of Chartered Accountants of Scotland…

The 130% super-deduction for the investment in plant and machinery was introduced in the March 2021 Budget. The enhanced tax deduction is available to limited companies that acquire new plant…

The CGT annual exempt amount reduces from £12,300 to just £6,000 for gains made in 2023/24. Remember that the 2022/23 allowance is lost if not used by 5 April 2023…

For most taxpayers, the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit covers both contributions by the individual and by their employer.…

The MMG Christmas Grotto is now open for donations! Over the past seven years, the team at MMG have supported Help for Kids with their Christmas gift appeal, and we’re delighted to…

As Rishi Sunak takes his seat in number 10 Downing Street, there's no denying the past six months have been a whirlwind. The political landscape directly impacts the work of…

The 23 September Fiscal Statement included the unexpected news that the “off-payroll working” (OPW) rules would be scrapped from 6 April 2023. These rules were introduced for public sector employers…

The legislation to abolish the 1.25% increase in the rate of National Insurance Contributions (NICs) paid by workers, employers and the self-employed were already in progress when the U-turns were…