Cash accounting was introduced as a measure to make it simpler for small businesses to prepare their accounts for tax purposes. It previously only applied to businesses with turnover up…
Read more
In the wake of the recent Spring Budget, the High-Income Child Benefit Charge (HICBC) has undergone significant updates, set to impact many families starting 6 April 2024. The Finance Bill…
Read more
The new fiscal year is upon us, and it marks a new chapter for all of us, from individual savers to business owners big and small. Here at MMG Chartered…
Read more
MMG Chartered Accountants, a firm with a 100-year history in Tayside’s business sector, announces the appointment of Suzanne Kerr to the position of Director, starting April 2024. Suzanne Kerr, who…
Read more
We are thrilled to announce that MMG Chartered Accountants has chosen TCCL Tayside as our charity of the year. This decision comes as part of our ongoing commitment to giving…
Read more
Significant tax changes have been announced for individuals who are tax resident in the UK but not permanently settled here (known as non-domiciled). While individual who is resident and domiciled…
Read more
As the dust settles from the rush of the January 31st tax return deadline, many of you might be taking a well-deserved sigh of relief. But as we all know,…
Read more
On top of the major changes to research and development (R&D) tax relief that took effect from 1 April 2023, there are yet more changes that take effect from 1…
Read more