d News | Strathmore Accountants

The winds of change

A new King, the possibility of a change of government next year, and signs that we may, at last, be ...

Your tasks if a VAT-registered business

The taxable turnover threshold that determines whether businesses should be registered for VAT is currently £85,000. Businesses with turnover below ...

Company cars – working out taxable value

Where an employee with a company car is provided with fuel for their own private use by their employers, the ...

Landlord responsibilities

There are a number of responsibilities that fall on a landlord that is renting out a property. These include the ...

Reminder to look out for tax credit renewal packs

HMRC is currently sending the annual tax credit renewal packs to some 1.5 million tax credit claimants and is encouraging ...

New Bill to crack down on online fraud

New legislation aimed at cracking down on rip-offs, protecting consumer cash online and boosting competition in digital markets has been published ...

Simplified tax system for savers

The government has announced a number of new measures to help millions of people boost their future savings. One of ...

More financial support for energy intensive sectors

Some businesses could see their bills slashed by as much as 20% off predicted wholesale prices, thanks to further government ...

When do you pay tax at Scottish Income Tax rates?

The Scottish rate of Income Tax (SRIT) is payable on the non-savings and non-dividend income of those defined as Scottish ...

VAT on imported vehicles

The Notification of Vehicle Arrivals (NOVA) is an online notification system for vehicles entering the country for permanent use on ...

Retaining an interest in a gift

The settlements legislation is contained in s.624 ITTOIA 2005. The legislation seeks to ensure that where a settlor has retained ...

Mobile phones and tax

When an employer incurs costs for the provision of mobile phones to employees it is important to understand the correct ...