Blog

accounting system

Does your accounts system comply with Making Tax Digital (MTD) fo...

16th February | Posted in: Government Announcements, Planning, Regulations

Making Tax Digital (MTD) for VAT is scheduled to start in April 2019 and VAT registered businesses will need to submit their VAT information to HMRC digitally.  This will replace the current VAT Retu...

GDPR

How will GDPR affect Charities?

14th February | Posted in: Charity, Data protection, Government Announcements

In one of our earlier blogs, Do you know what GDPR is?, we outlined the implications of the General Data Protection Regulation (GDPR) which takes effect on 25 May 2018. The impact of GDPR on a charity...

Company cars

Advisory fuel rate for company cars

12th February | Posted in: Allowances, Business Tax, Government Announcements

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 December 2017. Where there has been a change the previous rate is shown in brackets. Eng...

life after work

How are retirees managing their pension pots for life after work?...

6th February | Posted in: Pensions, Savings & Investments

Pension Freedoms are now well established but as ever, the Treasury monitor the economic impact of cash released into the economy using data obtained from HMRC. Too much cash released could prompt reg...

Is your auto re-enrolment anniversary on the horizon?

2nd February | Posted in: Auto enrolment, Payroll, Pensions, Savings & Investments

The top 5 things ALL employers should know about re-enrolment Automatic re-enrolment is the process where all employers must re-enrol certain employees into an auto enrolment compliant pension schem...

pensions

Pension planning

17th January | Posted in: Pensions, Savings & Investments, Planning

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 their employer. The u...

Good outsourced payroll support is crucial to us

16th January | Posted in: Auto enrolment, Pensions, Savings & Investments

At Johnston Smillie we are always looking at ways we can work smarter and by partnering with Pensionsync this has enabled us to enhance our Auto Enrolment pension management.  Pensionsync is a specia...

New Year 2018

New Year resolutions to save tax

10th January | Posted in: Pensions, Savings & Investments, Personal Tax, Planning

At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax affairs before the end of the tax year on 5th April. An obvious tax planning point would...

scottish budget

Scottish Budget 2018/19

22nd December | Posted in: Business Tax, Government Announcements, Personal Tax, Properties, Property Investment

Derek Mackay MSP, the Scottish Cabinet Secretary for Finance delivered the draft Scottish Budget for 2018/19 on 14 December 2017.   On 31 January 2018 he made a further announcement that, instead of...

fundraising

All for Charity

19th December | Posted in: Charity, Community, Company News

We are thrilled to be able to share with everyone that in 2017 we have raised over £14,500 for our chosen charity for the year SMA Support UK The funds were raised in many different ways, including:...

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