Key Points – Summer Budget 2015

July 9, 2015
Current year: Companies will not be able to claim a deduction for goodwill and customer related intangible assets acquired on or after 8 July 2015, irrespective of how they are acquired Annual Investment Allowance (AIA) reduces to £200,000 from 1 January 2016 Direct recovery of tax and tax credit debts…
Read More

The Summer Budget – July 2015

July 9, 2015
  A second Budget within a calendar year is highly unusual. Five years ago, in the run-up to the May 2010 General Election, the Conservatives announced that if elected they would hold an ‘Emergency Budget’ in order to reverse the policies of the previous Labour government and introduce measures aimed…
Read More

Manufacturing Survey 2015

June 30, 2015
This year’s survey is sponsored by the Manufacturing Team at Bank of Scotland and focuses on 7 core areas; the business as a whole, your post-election wish list and views concerning the EU referendum, recruitment, skills, funding, energy and sustainability.   The survey should take no longer than 10-15 minutes and once the…
Read More

Auto Enrolment – How to Nominate a Contact

May 14, 2015
Recently we have received many employer enquiries relating to staging date letters received from the Pension’s Regulator. Employers are required to nominate a contact for their organisation on the Pensions Regulator’s site to comply with current legislation. The process is fairly straight forward but must be done by “you” the…
Read More

Budget 2015

March 19, 2015
  There can be little doubt that a number of the Chancellor’s measures were designed to attract voters. Non-pension savers, for example, were offered a new personal savings allowance, which is worth up to £200 a year and are to be given more flexibility and investment options for their ISAs…
Read More

End of year tax planning

March 5, 2015
Click here to be directed to our tax page to read about our services and to read our helpful information pack on end of year tax planning both for the individual and for the business owner.
Read More

Proposed changes to the UK’s R&D Tax Relief will impact Scotland’s engineering and manufacturing sectors

February 9, 2015
In the Autumn Statement on 3rd December 2014 the Chancellor announced that the Government intended to tighten the UK’s R&D Tax Relief (and R&D Tax Credit) provisions to restrict the benefit of R&D claims in circumstances where the “product” of the R&D project was an item which was then sold…
Read More

Sources of Finance: All You Need to Know

February 5, 2015
By Greig Rowand, Corporate Finance Partner Banks (a traditional source of finance) are slowly regaining their appetite to lend to businesses but in the years following the financial crisis of 2008/ 09 whilst their appetite was constrained, alternative sources of finance sought to fill the gap. Before business owners start…
Read More