Chartered Management #Accountants in #Edinburgh. We love our clients, #CloudAccounting & all things #digital. Posts by Chris

Edinburgh, Scotland
Joined March 2009
New employee starting, get the tax code right Setting up the correct tax code when a new employee starts is essential, as even small payroll errors can lead to unnecessary tax overpayments and avoidable complica... #PayrollBasics #PAYE #EmployerDuties tinyurl.com/mrsr96mm
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Selling a business, do not miss out on BADR Business Asset Disposal Relief (BADR) can significantly reduce the Capital Gains Tax due when selling a business or shares, but with higher rates coming from Ap... #CapitalGainsTax #BusinessExit #TaxPlanning tinyurl.com/3w9vbhzz
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Self-employed, are you claiming the right travel costs? If you are self-employed, it is important to understand which car and travel costs can be claimed. #SelfEmployed #BusinessExpenses #TaxRelief tinyurl.com/yj9yeaeu
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LLP members, could you be treated as salaried for tax? The salaried member legislation applies to certain members of a Limited Liability Partnership (LLP) whose terms of membership are more like an employee... #LLPTax #SalariedMemberRules #TaxPlanning tinyurl.com/ysvkfcv6
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Selling a company car, get the VAT right The question of whether or not you are required to charge VAT when selling a company car depends on how the vehicle was bought and whether VAT was recovered at the time.... #VATmatters #CompanyCars #TaxPlanning tinyurl.com/5aejrhpx
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UK property income, when it counts as a business The income generated from land or property in the UK is treated as arising from a UK property business. The underlying legislation defines this broadly to include all a... #PropertyTax #Landlords #UKTax tinyurl.com/bp9jeh9r
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New 40% First Year Allowance explained The new 40% First Year Allowance came into force from 1 January 2026. This marks an important development for businesses investing in plant and machinery. The n... #CapitalAllowances #BusinessInvestment #TaxPlans tinyurl.com/5esyzbth
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Welsh Final Budget 2026–27 highlights The Welsh Final Budget for 2026-27 was published on 20 January 2026. The Budget sets out the Welsh government’s revenue and capital spending plans, including detailed port... #WelshBudget #IncomeTax #DevolvedTaxes tinyurl.com/u4y6jfwv
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MTD for Income Tax starts April 2026 If you have not yet checked if and when you need to use Making Tax Digital (MTD) for Income Tax, you should do so as a matter of urgency. This is because from April 202... #MakingTaxDigital #SelfEmployed #Landlords tinyurl.com/437fxvd5
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Check your National Insurance record It is recommended to check your National Insurance record as this can affect your future entitlement to the State Pension and other benefits. #StatePension #NationalInsurance #FinancialPlan tinyurl.com/5n8nmj93
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