There has been a recent change to the levels of allowances that can be claimed on plant and machinery and agricultural structures.
Earlier this week the government implemented mandatory digital record keeping for VAT and many businesses will now have made the move on to a digital platform.
This week the government implemented mandatory digital record keeping for VAT and many businesses will now have made the move on to a digital platform.
If the UK and EU conclude a withdrawal agreement by March 29, or by the end of any agreed extension, there will be a transition period.
A new year can provide a good opportunity to revisit plans for the year ahead.
Peter Courtney, international tax specialist at Johnston Carmichael, looks ahead to the possible tax changes that will affect Scottish businesses operating internationally in a post-Brexit landscape.
Many forecasts are now predicting nearly half of the UK’s workforce will be freelancers within the next decade, but significant changes to off-payroll tax will impact the booming ‘gig economy’.
Scotland’s largest independent firm of chartered accountants has achieved a 4% growth in turnover after generating revenues of £45.5 million this year.
I’ve spent the last few days studying the detailed Budget announcements and considering what the implications are for individuals and businesses that I advise. Budgets are, by their very nature, political and this one felt particularly so.
Entrepreneurs’ relief, the 10% capital gains tax rate on sale of trading business interests, is an emotive subject. It is either the ‘worst relief’ and costs the Government £2bn a year (The Resolution Foundation) or it’s one of the reasons why people are encouraged to set up businesses and pay tax in the UK. Business owners certainly don’t seem to emigrate to avoid UK capital gains tax like they did in the 1990s.
Chancellor Philip Hammond will address Parliament on Monday and outline his earlier than planned 2018 Budget.
A review of 10 closure-threatened RBS branches was launched in June after the bank appointed accountancy firm Johnston Carmichael to conduct the study.
Charities across the north-east have scored a boost of £80,000, following a fundraiser hosted by football personality Ally McCoist at the AECC.
Johnston Carmichael has announced the appointment of its new head of VAT.
RBS should shelve any plans to axe 10 rural branches until a “proper study” can be carried out into the impact of all bank closures in Scotland, according to MSPs.
Independent auditors have vowed to visit all 10 communities before deciding whether to save or axe their local RBS bank branch.
The new president of the world’s first professional body for chartered accountants hopes his experience of working in the north-east economy will stand him in good stead in the role.
After a snap general election, the beginning of Brexit and Bank of England interest rates rising for the first time in 10 years, the economy saw its share of surprises in 2017.
Increases in income tax rates in some existing bands are “highly likely” to be announced in today’s Scottish budget, according to an Aberdeen-based chartered accountancy firm.
When Chancellor Philip Hammond sat down following his Budget speech I was not gripped by a sense of wild excitement.
A partner in the Aberdeen headquarters of Johnston Carmichael (JC) has been promoted to head up the accountancy firm’s 20-strong corporate finance team.
Highland civil engineering firm Daviot Group Limited (DGL) has collapsed, with the loss of all 31 jobs, it was confirmed yesterday.
Scotland’s rich natural larder has been mapped out as part of efforts to attract backing for the food and drink industry from investors in the south-east of England.
Accountancy firm Johnston Carmichael has promoted one of the team in its Fraserburgh office, Iain Castles, to the role of company director.
Tickets for the inaugural Pride of Inverurie Awards go on sale today.
Accountants in Inverurie, Fraserburgh and Inverness are celebrating promotions at Aberdeen-based Johnston Carmichael (JC).
Reaction to the Chancellor Philip Hammond’s 2017 Spring Budget seems mixed.
Small businesses welcomed a “stay of execution” delivered in yesterday’s budget over requirements to file tax returns online, but most other companies in the north-east must still comply by April 2018.
Growth at chartered accountants Johnston Carmichael slowed but the firm broke through the £40million turnover mark for the first time in its 80th year and hailed the robustness of its diversified business model.
Pinsent Masons has announced that employment law specialist Katie Williams is set to become the first female in the firm's history to lead its Aberdeen office.
An Arbroath-based oil and gas technology firm has folded due to a slowdown in orders, putting 36 people out of work.
North-east accountancy firm Johnston Carmichael has poached a senior manager from PricewaterhouseCoopers (PWC) to boost its restructuring team in Aberdeen.