Over the years, we’ve seen our fair share of busy business owners fall into the same trap. They get so wrapped up in their day-to-day activities that they forget to take a step back and look at the bigger picture. Where is the business going? Are there any opportunities on the horizon? And which threats…
Category Archives: Blog
14
Apr
Apr
Land and Buildings Transactions Tax is the Scottish equivalent of Stamp Duty Land Tax although they are not identical in many respects. For residential properties, the rates and bands for land and buildings transactions tax (“LBTT”) will be unchanged for 2019/20, although the additional dwelling supplement will be increased from 3% to 4%. The lower…
10
Apr
Apr
Are you ready for tax going digital? Have you been left confused since VAT went digital on 1 April 2019? Have you got the software but are scared to look at it? If you have questions, have no idea where to start or just want a refresher, one of our friendly Xero champions will…
08
Apr
Apr
The Scottish Parliament has the power to set income tax rates on non-savings and non-dividend income for Scottish taxpayers. It has been confirmed that the 5 band structure and tax rates (19%, 20%, 21%, 41% and 46%) will remain the same for 2019/20. The thresholds for lower tax rates will rise in line with inflation…
21
Mar
Mar
Saint & Co thank Float, one of our sponsors at BITE2018 for their support at our successful event last year and for writing this article about cash flow forecasting. A lack of cash is the number one reason why businesses fail. But it doesn’t have to be that way. By gaining insight into the inflows and…
19
Mar
Mar
If your business currently imports from or exports to the EU, then you may need to consider what will happen to your goods at the border if the UK leaves the EU without a deal. To move goods into or out of the EU you need an Economic Operator and Registration Identification (EORI) number. If…
14
Mar
Mar
Your business year end, not 5 April, is relevant for capital allowances purposes. If however you are running a business and making up accounts to 31 March or 5 April, you should consider buying plant and machinery to take advantage of the Annual Investment Allowance (AIA). Note that the AIA was increased from £200,000 to…
12
Mar
Mar
Struggling to find time to build or maintain your business website? Find out how you can easily create a beautiful site with Rocketspark. It’s not too late to register for the Mini-BITE session with Rocketspark! Join Melanie Cant from Elm Marketing, who will be introducing you to this award-winning DIY website builder that makes it easy for…
08
Mar
Mar
Arrangements have been announced by the government regarding the movement of goods to and from the EU. A simplified import and export system has been implemented by HMRC – in the event of a ‘no deal’ scenario – as a mechanism to ensure that goods move to and from the UK, with a reduced administrative…
01
Feb
Feb
The Government and HMRC have updated its collection of high-level guides called “partnership packs”, intended to help businesses involved in importing and exporting prepare for changes to customs procedures after 29 March 2019 in the event of a “no deal” scenario. If the UK exits the EU without a deal, UK businesses will have to…
