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A Different Kind of Accountancy Service

We provide clients in Edinburgh, Glasgow and across Scotland's central belt with accounts, business advicepayroll and auto enrolment from our offices in Livingston, West Lothian. We also help clients to save tax the smart way.

We are evangelists for new technology and help prepare clients for a digital future with Cloud Accounting services. We can provide clients with up to date accounts for their business on a weekly basis meaning they do not have to have an in house bookkeeping capability.

 Give us a call for a free, no obligation meeting. We will even provide coffee!

What Makes Us Different

We Help Our Clients Make More Money

Business reviews and Tax savings

Fixed Fees and Money Back Guarantees

Our guarantees and fixed fees give you peace of mind

No Time Based Billing

No charges for meetings and phone calls

Real Time Accounting

Up to date business information helps you make the best decisions for your business

Latest News

  • Tue 21 Feb 2017 11:04

    VAT Flat Rate Scheme - Limited Cost Traders

    As noted before in summary a change to the Flat Rate VAT scheme was announced in the Autumn Statement. This change comes in to effect on the 1st of April 2017. This change is intended to target businesses on the Flat Rate Scheme who would only be reclaiming a minimal amount of VAT if they were calcu...
  • Wed 25 Jan 2017 15:47

    State Pension and Class 3 National Insurance

    The new flat rate State Pension which started last year requires 35 years of National Insurance contributions to receive the whole amount which is currently £155.65 a week. This may not sound a lot but at current annuity rates you would need a private...
  • Thu 12 Jan 2017 15:58

    2017 is here. Tax Changes Coming.

    Happy New Year to everyone. 2017 has started and is going to be a busy year. There are many tax changes arriving this that we will be helping our clients to negotiate. Some of the highlights (if you can call them that) are: Changes to the flat rate VAT scheme for businesses with low costs: The gover...
  • Sun 27 Nov 2016 15:17

    Autumn Statement Update 2016

    Welcome To Our Autumn Statement Update Many of the changes below were already flagged up. The change to Flat Rate VAT however was a bit of a bombshell. We will be in contact with all our clients on Flat Rate VAT to see if the change affects them. If you have any queries about anything in this newsle...
  • Thu 10 Nov 2016 12:36

    Dont Miss Out on Tax Relief on R&D

    DON’T MISS OUT ON TAX RELIEF ON R&D The government is concerned that many small companies are missing out on generous R&D tax credits. For the last year HMRC have been offering companies an advance assurance scheme to check whether or not their activities qualify before they make a claim. So far ove...
  • Thu 03 Nov 2016 15:38

    Christmas is Coming - New Rules for Gifts to Staff

    CHRISTMAS IS COMING! - NEW RULES FOR GIFTS TO STAFF From 6 April 2016 new rules were introduced to allow employers to provide their directors and employees with certain “trivial” benefits in kind, tax-free. The new rules are a simplification measure so that certain benefits in kind will not need to...
  • Tue 27 Sep 2016 12:15

    New tax rules around liquidating or striking off a Company

    LIQUIDATING A COMPANY - IS IT A CAPITAL GAIN? One of the anti-avoidance measures being introduced by the latest Finance Bill potentially changes the way that certain payments to shareholders will be taxed. This may result in payments following some company liquidations being taxed as dividends inste...
  • Tue 06 Sep 2016 12:06

    Buy to Let Tax Changes in Full

    NEW RULES FOR BUY-TO LET LANDLORDS The 2016 Finance Bill sees the introduction of important tax changes for property investors that were originally announced in the 2015 Budget. From 6 April 2016 onwards there are important tax changes affecting the replacement of furnishings for buy to let landlord...
  • Tue 12 Jul 2016 08:39

    Companies House Confirmation Statement

    Clients have always been mystified when we contact them to file their Annual Return to Companies House. "But my accounts aren't due for 6 months" they say! The Annual Return was an Annual Filing that stated the standing data of the Company and was due annually on the anniversary of the incorporation...
  • Fri 17 Jun 2016 11:29

    SA302s, mortgages and HMRC

    We often get asked for SA302's by clients who are applying for mortgages. An SA302 is an HMRC generated form with a breakdown of income. An example is shown at the bottom of this post. The unfortunate issue is that the mortgage lenders typically insist on this type of income proof and will not accep...
  • Tue 07 Jun 2016 12:57

    Flat Rate VAT pitfalls.......

    The Flat Rate VAT Scheme (FRS) is a scheme that allows businesses with a turnover of under £150,000 to pay VAT on a fixed percentage of their gross turnover rather than the amount of VAT received less the amount paid out. This is supposed to reduce beaurocracy as the calculation of the VAT return is...
  • Mon 30 May 2016 15:05

    Auto Enrolment - No Employees??

    We often get the question from our contractor clients or other small Limited Company clients about whether they have to comply with auto enrolment at all. The answer is not necessarily but they still need to consider their situation and let the Pension Regulator know what they are doing. The first t...
  • Thu 19 May 2016 15:12

    Pensions - Net Pay Arrangement vs Relief At Source

    With the advent of Auto Entrolment pensions all Employers are going to become more familiar with the ins and outs of pension tax relief! Unfortunately just to complicate a complicated system even more there are two fundamental ways that the Employee contributions can be calculated. If a worker has a...
  • Mon 16 May 2016 08:39

    Contractor and Employee Expenses

    We often get asked about what an employee or Contractor (who is an employee of a Ltd Company) can claim in the way of expenses while on business travel away from their normal place of work. Firstly it is important to understand if the employee is away from their permanent place of work or at a tempo...
  • Mon 09 May 2016 09:16

    Auto Enrolment - Employers Need To Take Care!

    Summer has finally arrived in the Central Belt. And along with press stories of sunburn and ice creams are a number of stories about the Pensions Regulator clamping down on Companies who have not complied with their workplace pension requirements. An example of this is a story in the Herald today He...
  • Tue 03 May 2016 09:59

    P11ds, Dispensations and Expenses

    It's P11d time of year again and for some businesses this will be the last year that they have to complete them. For small businesses the area of employee expenses has always been one of the least understood and had some of the lowest compliance. Few small business owners are aware that up until Apr...
  • Mon 25 Apr 2016 11:23

    Bank Feeds

    Many of the cloud book keeping services allow you to automatically import bank transactions in to the software. This has the advantage of ensuring the bank always reconciles, reduces data entry and saves time as the better software learns what the repeat transactions are and will code them automatic...
  • Mon 18 Apr 2016 09:17

    2016/17 Salary Dividend Planning

    It is a long established practice that small businesses who are structured as a Limited Company pay themselves a small salary and dividends as a tax saving measure. However in the run up to this tax year there have been multiple legislative changes that have affected the most tax efficient way of do...
  • Mon 11 Apr 2016 10:02

    Changes to Class 2 National Insurance

    Some of our self employed clients (ie clients who are structured as a sole trader, partnership or LLP) will have noticed that their Class 2 National Insurance Direct Debits have stopped. This is because from the 2015/16 tax year Class 2 National Insurance is being collected through the Self Assessme...
  • Mon 04 Apr 2016 09:59

    Digital Tax Accounts and Quarterly Reporting

    Last year's Autumn statement contained an announcement which on the face of it wasn't that exciting but will have a profound impact on our clients. HMRC has had online services for Businesses and Individuals for many years. These are now being migrated into HMRC's new "Digital Tax Accounts" which wi...
  • Tue 22 Mar 2016 15:26

    Tax Year End Ideas

    Two weeks to the end of the 15/16 tax year. Still time to do some last minute tax planning...................... Personal Pension Payments: If you are a 40% tax payer, and have received PAYE income during the year, a payment into a personal pension from taxed income will get you 40% tax relief. The...
  • Thu 17 Mar 2016 10:43

    2016 Budget Highlights

    There are budget summaries a plenty across the internet but here is our take on some of the highlights that will affect our clients: The Corporation Tax rate which was already due to fall will now fall further. It is due to fall from 20% to 19% in 2017 and will now fall to 17% by 2020. This will be...
  • Mon 07 Mar 2016 10:27

    Buy To Let Income For Married Couples

    We are often asked about mitigating the tax on Buy to Let profits for married couples. The basic rule is that the owner of the property pays the tax on the income. For example if the husband owns the property and is a higher rate tax payer then it is not possible for the wife to include the profit o...
  • Tue 01 Mar 2016 13:35

    New National Living Wage From April 1st 2016

    Just a reminder for employers that the new National Living Wage comes in to force on the 1st April 2016. There is little difference between this and the existing Minimum Wage but it is essentially a premium for workers who are 25 and over. The current minimum wage rates are here:
  • Mon 22 Feb 2016 10:12

    Payroll Changes 2016

    2016 is the year where the government has finally seen sense and changed the expenses dispensation regime. Previously if an employee had been reimbursed for a business expense such as a train ticket this should have been reported on a P11d even if there was no tax implication. To avoid this a dispen...
  • Mon 08 Feb 2016 09:25

    Landlord Interest Changes

    In the Summer Budget in July 2015 the government dropped a bombshell on Landlords. Starting in April 2017 the tax relief on interest and other finance costs on the rental of residential will be reduced dramatically. Along with the increase of 3% on Land and Buildings Transaction Tax this is going to...
  • Mon 01 Feb 2016 10:08

    Autoenrolment - 2016 Is The Year!!

    Autoenrolment, the word that strikes fear into small business owners across the land. And 2016 is the year that it is going to happen for a huge amount of small businesses in the UK. According to this document
  • Mon 25 Jan 2016 10:00

    Self Assessment Penalties

    With the deadline for submitting 2014/15 self assessment returns looming this Friday it seems topical to review the penalties around self assessment. There are penalties for: Not informing HMRC that a self assessment return is necessary (failure to notify) Late submission of a return Late payment of...
  • Tue 19 Jan 2016 15:00

    2016 Tax Changes

    It's a new year and we are looking past the end of the Tax Return season to help our clients with numerous upcoming tax changes starting after April 6th. Its going to be a busy year as a lot of our clients are due to start autoenrollment pensions as well.: New Dividend Tax Enhanced Employment Allowa...
  • Wed 16 Sep 2015 13:46

    New Dividend Tax

    The new dividend tax was announced out of the blue in the budget. The key facts of the proposed changes are as follows: From April 2016, the notional 10% tax credit on dividends will be abolished. A £5,000 tax free dividend allowance will be introduced. Dividends above this level will be taxed at 7....
  • Fri 07 Nov 2014 16:20

    Directors Loans

    We are often asked to advise on remuneration for a Director of a Limited Company. This is a complex area which can be different for everyone, but one area where clients need to be careful is how they take money out of the Company. In practice the actual cash that they receive will be a mixture of Sa...
  • Tue 04 Nov 2014 10:36

    Paying Tax

    A recurring theme from clients is that they don't want to pay any tax. Unfortunately for most people this is not an option if they have a business is making money. Even Starbucks and Amazon pay some tax, though they tend to choose in which country they pay it, and are big enough to make deals with t...
  • Fri 24 Oct 2014 12:13

    HMRC and the Law

    A lot of clients do not realise that HMRC do not create the tax laws. Parliament lays down the law in thousands of pages of tax legislation, written in a version of English only known to the people who write them and Tax experts. HMRC then interpret that legislation and write guides on their website...
  • Fri 10 Oct 2014 10:06

    Pension Contributions in Practice

    Following on from the blog article on the new more flexible tax rules on Private Pension Contribuitions here is how it will work in practice for a typical client. Remember we cannot give financial advice but can only advise on the tax advantages of pensions. The rules are extremely complex and Indep...
  • Mon 06 Oct 2014 08:39

    Why Pension Contributions are a no brainer for a Small Business Owner

    We speak to a lot of small business owners and the suggestion of pension contributions is often derided. However recent changes to the tax treatment of private pension contributions make pension contributions an essential tool in the armoury of getting money out of a small business. In the past the...
  • Thu 25 Sep 2014 11:28

    HMRC Penalty Regime

    This week we have been dealing with an enquiry from HMRC into one of our clients. They did not advise us of a PAYE job that they had taken on in addition to their business and subsequently had additional tax and a penalty to pay. There are a few lessons to learn from this. 1) Clients need to tell us...
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