Costs You Should Consider Before Becoming an Employer

For a growing company it is a big and exciting step to hire the first employee. Whether you are employing someone for the first time or have had staff in the past, there are hidden employment costs. Let a Glasgow accountant guide you to business success! Budget carefully! Be ready to pay more than what …

Scottish Tax Rate

You pay the Scottish rate of income tax if you are a resident in Scotland. By living in Scotland, your income tax is paid to the Scottish Government. The income tax applies to your wages, pension and anything else that is classed as taxable income. For example, income from a trust or some state benefits. …

Payroll Services Glasgow

At The Kelvin Partnership, a Glasgow accountant can take the strain of the payroll away! By outsourcing this responsibility we can ensure your employee pay slips, monthly summaries, reports etc. are completed thoroughly and accurately. As a business owner there are so many things you need to think about. All aspects of your company are …

U-Turn On Self Employed Class 4 NIC Increases

The Chancellor has announced on 15 March that he would not be going ahead with his Budget proposal to increase the National Insurance Contribution rates for self-employed people. In the Budget of 8 March 2017, he announced that Class 4 NIC rate for the self-employed would rise by 1% to 10% in 2018/19 and by …

Spring Budget 2017

The Chancellor of the Exchequer, Philip Hammond, delivered his first Budget against a backdrop of a more-buoyant-than-expected UK economy post-Brexit and improved tax receipts. Set against these were concerns about funding the NHS and social care, and the impact on business from changes to business rates. Here are some of the key tax and related …

Small Business Accountant

Owning a small business is an incredibly large responsibility. Making sure your financial information is correct is vital in maintaining a healthy and growing business. A small business accountant will help your company to become as tax efficient as possible, hand out advice on business plans and a look at possible business development. Whatever your …