Latest News

Dec 6 2019

Gift Aid – are you maximising claims on fundraising activities?

Categories: Charities

Charities need to know whether or not Gift Aid can be claimed on donations received from fundraising events to ensure that they maximise their income and to avoid making claims on any ineligible donations. Whilst there is a need for charities to understand Gift Aid requirements, such as receiving a valid declaration, this article will more

Dec 3 2019

Can VAT help to boost your profits?

Categories: LeisureTaxation

The VAT Flat Rate Scheme allows some smaller businesses to benefit from paying a lower rate of VAT to HMRC. The scheme is often used by contractor type businesses, but is less widely used in the leisure sector. Instead of declaring the standard 20% on sales, you pay a lower percentage to HMRC that varies more

Dec 2 2019

Supporting Crosbie Matthew on their business journey

Categories: Corporate Finance

What does the term ‘accountant’ mean to you? A professional who records and maintains clients’ financial transactions, ensuring compliance with legislation in the process? – yes. However, we pride ourselves on not just being accountants – we are leading business advisors, supporting clients on their journey, whatever that may entail. For the last 13 years, more

Nov 22 2019

The rise of contactless payments

Categories: Food & DrinkTaxation

Contactless payments are becoming increasingly popular, especially in the food and drink industry, where it is estimated that half of all debit card transactions are contactless. In the UK, contactless payments on debit and credit cards have a maximum limit of £30 however mobile payment methods, such as Apple Pay and Google Pay, are better more

Nov 20 2019

Capital allowances on commercial properties

Categories: Property & ConstructionTaxation

Within commercial properties there are a number of items that might qualify for favourable tax relief. In relation to property construction, capital allowances may be available to a taxpayer on certain capital expenditure, regardless of age, specification or interest held. Capital allowances reduce the amount of tax paid by either an Income or a Corporation Tax more

Nov 19 2019

The Law Society of Scotland Financial Benchmarking Survey 2019

Categories: Professions

The Law Society of Scotland recently released its annual edition of the Financial Benchmarking Report, giving an insight into current trends and performance of the legal sector. Head of EQ Professions, Mark Gibson, commented; “The Law Society of Scotland Financial Benchmarking Survey gives Scottish legal practices the opportunity to assess their performance relative to the more

Nov 14 2019

The ongoing review of auto-enrolment

Categories: Amber AccountingHealthcare

As mentioned in our previous article, auto-enrolment (AE) was introduced to help people save for later life through a pension scheme at work. Although all eligible workers should now be enrolled in their employer’s workplace pension scheme, it is the continued responsibility of employers to constantly monitor the information to avoid any potential fallouts. Here are more