Latest Case Study

Design agency case study

Design industry client How we helped our clients improve profitability


Introduction to Beyond the Numbers
  • How are you going to get a mortgage if you have a limited company?

    Posted: 19 Nov November|Top tips,

    You've seen this great house that you absolutely love and it's perfect for you. The kids love it and the garden is perfect for the dog! Fabulous news. Can you afford it? That's when you go along to see your mortgage adviser who says, "can I have the last three payslips please so that I can tell you how much you can afford to borrow?" Hmmmm, this is where it starts to unravel a bit because it's not as easy as that is it? If you are an owner of a limited company and you pay yourself a small amount of salary and a larger amount of dividends, your last three payslips aren't going to Read more

  • I never seem to have enough money to pay my corporation tax – why?

    Posted: 19 Aug August|Top tips,

    Do you get to that dreaded date each year when your corporation tax bill is due for payment but you don't have enough money in the bank to pay it? Or, do you get your accounts back from your accountant only to find out that you have drawn too much money out of the business and not saved enough to cover the tax bill when the time comes? If you have a limited company, the chances are that you will have to pay corporation tax on the profits the company makes. But with everything else that you have to think about when running a small business, you may let it slip your mind. Lots of bus Read more

  • All I have to do is increase sales – right?

    Posted: 19 Mar March|Top tips,

    You probably hear and read about companies achieving amazing sales growth all the time. When you hear this do you wonder how they did it and think that you would love to do this for your own business? There are so many posts, articles, seminars, training webinars etc about sales nowadays, so you'd be forgiven for thinking that all you have to do is increase your sales and hey presto, success! But is it really as easy as all that? If you're looking for growth in your business, here are a few tips on what to watch out for so that the growth results in happy customers, happy team and hap Read more

  • How do I know what I need to know to run my business?

    Posted: 19 Feb February|Top tips,

    We’re living in a world of information overload, so much content available at the click of a mouse that it’s quite overwhelming at times. If you’re anything like me, you probably try to sift through all the facts, figures, data, shared knowledge, videos, articles, newsletters etc. that come at you from all angles every day, to get to the bits that might be useful to you. It’s not really that easy though is it? You might find yourself asking what you actually need to know to run your business successfully and achieve your goals. Well, to help streamline this down for you, he Read more

  • Is HMRC always right?

    Posted: 19 Jan January|Tax news,Top tips,

    The short answer is NO! This morning we spent half an hour on the 'phone to HMRC getting some incorrect HMRC tax calculations changed on tax returns we submitted in December for clients. We had filed the returns with the correct calculations and HMRC sent back their version of events, which in each case was incorrect. So, how can you be sure that HMRC gets it right? You need an expert eye to look things over for you, it's the only way to have peace of mind that you are paying only the right amount of tax. In the future there will be no tax returns and everyone will have a digital t Read more

  • This is a message from HMRC – or is it?

    Posted: 18 Jun June|Tax news,

    Yesterday one of our clients received a telephone call which was an automated message claiming to be from HMRC. The message stated that he had not returned forms, was being prosecuted for tax avoidance and even that there was a warrant out for his arrest. The message asked him to call another number which would have led him to a "make a payment" option. Luckily he was smart enough to get in touch with us to ask if this was a true call from HMRC and we were able to reassure him that he doesn't owe any tax or documents and that his affairs are all in perfect order. This is a scam mes Read more

  • Happy new tax year – or is it???

    Posted: 18 Apr April|Tax news,Top tips,

    So today is the first day of the new tax year - so what? As from today you may find that you have a bit more or a bit less in your hand after tax depending on how much you earn, how you are paid and even where you live! As from today the amount that anyone can earn without paying income tax has gone up to £11,850 per year. So far so good! If you are lucky enough (?) to be a higher rate taxpayer, the amount you can earn before moving into that 40% tax bracket goes up to £46,350 from today - provided you don't live in Scotland. That all sounds great doesn't it? Well, if you a Read more

  • Why do I have to pay tax on my dividends for the first time?

    Posted: 18 Jan January|Tax news,

    Do you take dividends from your limited company but always below the higher rate tax threshhold? If so, are you faced with a personal tax bill to pay by the 31st January for the first time ever? And to make things worse is your accountant telling you that you have to make payments on account for the following year? If this sounds like you, then you are not alone. Many people have been affected by the changes to the taxation of dividend income and it's only now that the tax bill is due that they are waking up to this fact. From the tax year 2016-17, the rules on how dividends wer Read more

Get in touch today and let’s discuss “The numbers”

0131 225 5155Get in touch
Get our latest news, advice and tax tips.

Website by 39steps