The goverment has announced new increase to the National Living Wage and Minimum Wage, Due to take effect from 1 April 2026 National Living Wage (21+)Rising from £12.21 to £12.71Worth up to £900 extra aContinue reading
Author: Michael O'Connor
Time is Ticking
MTD goes live in just 138 days! The clock is running down for both MTD (Making Tax Digital) and Self Assessment deadlines, don’t let them sneak up on you. MTD for Income TaxOnly 138 daysContinue reading
Attention all company directors and PSCs!
Companies House has introduced new identity verification rules under the Economic Crime and Corporate Transparency Act. That means you must now verify your identity – it’s quick, mandatory, and helps prevent corporate fraud. You canContinue reading
The secret behind every thriving business?
A finance team that gives you clarity, control, and confidence – so your business can thrive without the worry. Here’s how we help your business thrive Bookkeeping – Accurate, Organised records that give you realContinue reading
FreeAgent
We’ve attended a webinar all about FreeAgent and Making tax Digital (MTD) and here’s some great news for you! If you have a Mettle, NatWest or royal bank of Scotland business bank account, you canContinue reading
Did you find something valuable on your land?
Items like antiques or historical artefacts discovered on or under your land can be treated as chattels for Capital Gains Tax (CGT) purposes – even if they came with the property! Because they’re not permanentlyContinue reading
Inheritance Tax
We joined a great webinar all about Inheritance Tax (IHT) – always learning so we can give you the best advice There’s a lot changing from April 2026 and 2027 that could affect how yourContinue reading
Highland Small Business Network
Spent a fantastic morning connecting at the Highland Small Business Network Always nice to get out of the office, connect with business owners, and hear what everyone’s up to. Great Opportunity to share ideas andContinue reading
Thinking of getting a double cab pick-up for work? HMRC has rules you’ll want to know!
If the payload is over 1 tonne, it’s usually classed as a commercial vehicle – which can mean: Lower benefit in kind taxPotential VAT claim (If VAT registered)Capital allowances available BUT – if it’s tooContinue reading
Selling on eBay, Vinted, Etsy, Airbnb etc? Read This!
From 1 Jan 2024, UK platforms must report seller info to HMRC Platforms affected include:eBay, Vinted, Etsy, Depop, Airbnb, Uber, Deliveroo, Amazon, Upwork & More In 2024, If you:Sell 30+ items OrEarn over £1,700 YourContinue reading