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The Scottish Government has issued a consultation on Scottish Cha...

22nd January | Posted in: Charity, Company News, Government Announcements

The Scottish Government has made a flying start to the new year by publishing a consultation on proposed reforms to Scottish charity law.   The consultation can be found here Scottish Charity Law ...

Passing on the Family Home

18th January | Posted in: Inheritance tax

New inheritance tax rules for passing on the family home started on 6 April 2017. This additional relief should be taken into consideration when drafting your Will and we can work with your solicitor ...

The Prince’s Countryside Fund – Grant Giving Programme...

15th January | Posted in: Agricultural, Farming

Sustainable rural businesses could benefit from grants of up to £50,000 from ‘The Prince’s Countryside Fund’ towards costs such as staffing, overheads, training and equipment for projects that ...

pension

Pension Planning

15th 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 contributions by both the individual and their employer. Note ...

An excellent year for fundraising!

11th January | Posted in: Charity, Community, Fundraising

We decided at the end of 2017 that we would support SMA Support UK for a second year and are delighted to let you know that it has been our best year ever, with funds raised of £20,000. Throughout 20...

commercial building

New Capital Allowance for Commercial Buildings

11th January | Posted in: Agricultural, Business Tax, Planning, Properties

A new 2% straight line tax deduction for the cost of construction or renovation of commercial buildings and structures was announced in the autumn 2018 Budget. HMRC have now issued a technical note se...

Increased Capital Allowances Start 1 January 2019

9th January | Posted in: Agricultural, Allowances, Business Tax, Tax planning

As previously advised, a temporary increase in the Annual Investment Allowance (AIA) to £1 million for expenditure on plant and machinery took effect from 1 January 2019. However, transitional rules ...

New Year Resolutions To Save Tax

8th January | Posted in: 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 5 April 2019. An obvious tax planning point w...

defer state pension

Should I defer my State Pension?

7th January | Posted in: Pensions, Savings & Investments, Planning

It is stunning, but with around 330,000 people reaching state pension age each year, many lose out on their entitlement by making ill-informed choices based on their life expectancy. In November 2018 ...

Scottish Budget 2019/20

20th December | Posted in: Business Tax, Company News, Government Announcements, Personal Tax, Property Investment

Derek Mackay MSP, the Scottish Cabinet Secretary for Finance delivered his draft Scottish Budget for 2019/20 0n 12 December 2018.  The main budget proposals are  as follows:- Personal Tax There are ...

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