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A Simple Guide to Marriage Allowance

marriage allowance

For richer, for poorer – are you taking advantage of Marriage Allowance?  Introduced in April 2015, Marriage Allowance means that if you are married, or in a civil partnership, you can transfer £1250 of your Personal Allowance to your partner.  If the lower earner, makes less than £12,500 (the current […]

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COVID19 Update – May 4th 2020

Following the range of updates over the last several weeks, we have now rounded up the latest information from the government on specific schemes where additional detail was released. This update covers measures discussed on 4 May. Bounce Back Loan Scheme (BBLS) The scheme opened for business at 9.00 am […]

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Covid-19 Measures: 26 March 2020

On Thursday 26 March, Chancellor Rishi Sunak made his long-awaited statement about the Covid-19 government support scheme for the self-employed, called the Self-employment Income Support Scheme (SEISS). Reports suggest that the announcement had been slow to arrive because of the greater difficulty in structuring and running a scheme that relied […]

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How is Technology Changing Accounting?

Is technology changing accounting? With the recent introduction of Making Tax Digital and cloud-based accounting; the industry is becoming increasingly digitalised. As we mentioned in our last post, we are passionate about ensuring every business is moving comfortably with the times. A Glasgow accountant will ensure that your business is functioning […]

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August key tax dates

Newsletter issue – August 2017. 2 – Last day for car change notifications in the quarter to 5 July – Use P46 Car 19/22 – PAYE/NIC, student loan and CIS deductions due for month to 5/8/2017

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August questions and answers

Newsletter issue – August 2017. Q. My wife has a part time job but doesn’t earn enough to pay tax. Can she get tax relief on contributions made to a pension scheme? A. Yes, even if you are not earning enough to pay income tax, you still qualify to have tax relief […]

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