ISAs are a popular tax-free saving product. In recent years they’ve been revamped and there are now a few types to choose from with different options, limits and benefits. But are you investing in the right one for you? Four kinds of ISA There are four kinds of ISA you can invest in: cash; stocks...

In this article we answer some well-constructed questions on the issue of reduced and zero-rated VAT on building projects. If you are involved in the construction industry, deliver trades and services or are planning a new building project you will know just how complex the issue of VAT and zero-rating can be. This article poses...

As an alternative to salary or dividends, benefits in kind are a potentially tax-efficient option for directors, especially those of multiple companies. But what’s the advantage and when can you use it? Brona MacDougall takes a closer look. Most tax experts will tell you that dividends are the most tax-efficient form of income for director...

Missing transactions on VAT Return ‘We’ve identified a small issue, but don’t worry we’ve got you covered. If you run your VAT Return up to the period ending March 2019, the transactions for 31 March 2019 are not appearing. To make sure your calculations are correct when submitting your VAT Return, you can download and...

With a new tax regime being introduced on company cars and a changing landscape between petrol, diesel and electric vehicles to consider, Alister Biggar looks at the implications for business users. A staggering 55% of new cars registered in the UK go to the fleet market, and even though the landscape is changing between diesel,...

Pensions auto-enrolment has been phased in slowly and as you’ll know every employer must ensure that their eligible staff join a workplace pension unless they opt out. But there’s one last important change before the task is complete, Joanne Gibson finds out. Since early 2018 every employer has had to include eligible staff in a...

The Government’s ‘Good Work Plan’ was published in December 2018 in response to the Taylor Review, with the heart of its vision stated as being its “commitment to improving quality of work in the UK”. In this article we look at what these new workplace laws will mean for employers. The Government appears to have...

Budget changes to the Entrepreneurs’ Relief (ER) conditions are proving difficult to translate into watertight law, so the government has announced a further test to provide a shortcut to what it intended to achieve. Kevin Ferguson wades through this Alphabet Soup and provides you with some answers! In last year’s Budget, the Chancellor announced several...

UK businesses trading with the EU will need a UK EORI number to continue trading in the event that Britain exits the EU without a deal. Kenny Logan outlines what is involved in this no cost application. With only two months until the UK’s scheduled departure from the EU, it is still tough for most...

All businesses compulsorily registered for VAT will have to comply with Making Tax Digital from April 2019. But what are the key things to have in place to get your record keeping right? Kenny Logan advises. The first thing to confirm is that there will be no delay to Making Tax Digital for VAT and...