BRINGING SMILES TO 140 LITTLE FACES

The generosity of the team at MMG Archbold never disappoints. And this Easter is no exception.   For the fifth year we are proud to donate chocolate Easter eggs and bunnies to Help for Kids, a local charity based in Dundee and Perth that will distribute them to disadvantaged children in our community.   Director of[…]

NO TAX CHANGES ANNOUNCED IN SPRING STATEMENT

Despite the continuing uncertainty surrounding Brexit, the Chancellor delivered his Spring Statement on 13th March. The purpose of this statement is to update the House of Commons and the country on the state of the economy; it is not intended to include any major tax announcements, and none were made by the Chancellor.   As[…]

PERSONAL SERVICE COMPANY CHANGES FROM APRIL 2020

In the Autumn Budget, the Chancellor announced that the “off payroll” workers rules that currently apply in the public sector would be rolled out to the private sector in 2020. The government has now issued a consultation paper that sets out proposed tax and national insurance changes that will impact on those supplying their services[…]

ADVISORY FUEL RATE FOR COMPANY CARS

In line with recent reductions in fuel prices, HMRC has reduced its suggested reimbursement rates for employees’ private mileage using their company car from 1st March 2019. Where there has been a change the previous rate is shown in brackets.   Engine Size Petrol Diesel LPG 1400cc or less 11p (12p) 7p (8p) 1600cc or less[…]

BUILDING A DATA-LED STRATEGY

Businesses are capturing more information than ever before. The most successful firms are analysing that information and are focused on building their strategy around customer and market data.  We are reviewing the way we use data at  MMGA and look forward to keeping you up to date with our strategy. Meantime, partner Derek Grant suggests[…]

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[…]

WHY GOOD CORPORATE GOVERNANCE IS IMPORTANT

With recent, very public governance failures at businesses such as BHS, Carillion and other well-known brands, it is clear that business leaders need to do more in terms of living up to their responsibilities, following best practice, etc.   Good governance is a must for SME’s as well as large listed companies. Corporate governance refers[…]

RANKING ON GOOGLE

Google is still the world’s most popular search engine. Google’s search engine algorithm is continuously being updated so how do you keep your firm’s website up to date so that you show up in online searches?   Over the past number of years we have invested in the development of the MMG Archbold website and[…]

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[…]