General business issues

The factsheets in this section answer some of the most commonly-asked questions from business clients - contact us for advice tailored to your needs.

Bribery Act 2010

This factsheet gives an overview of the procedures you must put in place in relation to the Bribery Act 2010.

Cash Basis for the self-employed

Small unincorporated businesses can calculate their profits for tax purposes on a cash basis rather than the normal accruals basis. We look at the optional rules that allow for this, while also taking in the key tax points.

Company secretarial duties

This factsheet considers what company information has to be made available and looks at whether a company secretary needs to be appointed.

Making Tax Digital for Individuals

Outlining the Making Tax Digital regulations for individuals.

VAT - Making Tax Digital

An overview of the Making Tax Digital for VAT regulations.

Data security - Data Protection Act

The key compliance issues are observed when looking at data protection and the Data Protection Act.

Data Security – Data Protection Regulatory Framework

Ensure the key compliance issues are observed when considering data protection and the General Data Protection Regulation (GDPR).

Charities in Scotland: trustees' responsibilities

We consider the various responsibilities of being a Scottish Charity Trustee with particular emphasis on accounting and audit requirements.

Data Security – Data Protection Regulation - Ensuring Compliance

The General Data Protection Regulation (GDPR) requires organisations to protect the personal data of individuals.

Directors’ responsibilities

Becoming a director carries with it potentially onerous duties. Make sure you know what those duties are. This factsheet gives guidance on directors’ responsibilities.

Grants

We consider if your business is eligible for a grant.

Accounting records

What records should you keep – and for how long?

Limited liability partnerships

The key features of a Limited Liability Partnership.

Micro Entity Accounting

This factsheet considers the options available to micro entities when preparing their accounts. This factsheet considers the options available.

Money laundering

Tough rules apply to tackle money laundering and the proceeds of crime. The rules affect a wide range of people and we consider how your organisation may be impacted.

Preparing for your accountant

Whether we are producing your accounts or carrying out tax compliance work, being prepared for us will ensure our work is carried out smoothly and efficiently and with the minimum disruption to yourselves. This factsheet highlights many of the ways in which you can help.

Criminal Finances Act 2017 and Economic Crime and Corporate Transparency Act 2023

The Criminal Finances Act makes companies and partnerships criminally liable for failing to prevent tax evasion. This factsheet considers the key aspects of the Act and the implications for your business.

Narrative reporting

An explanation of the directors' report requirements faced by private companies.

Pricing strategies

Different approaches to setting a price.

Selling your business

An introduction to the issues involved in a business sale.

Small Company Accounting

We consider the required format of statutory accounts for small companies. This factsheet considers the reporting requirements and their impact.

Strategies for increasing revenue

Including the product/market matrix.

The value of outsourcing

Which functions could you outsource?

Valuing your business

There are many reasons why you may need to calculate the value of your business. This factsheet consider the range of methods available as well as some of the factors to consider during the process.

Company News & Insights

Before You Buy Property Through Your Company, Read This!

Many successful business owners reach a point where their company has accumulated surplus cash. Perhaps you've built a strong trading business, profits and cash are growing, and you're looking for ways to invest for the future. Property investment often appears…

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Factsheets

General business issues

Company News & Insights

Before You Buy Property Through Your Company, Read This!

Could This Be the Best Investment You Make in Your Business This Year!

Extra *£800 Tax-Free? How HMRC’s 22% Mileage Rate Increase Could Benefit You

Family Companies: Tax Issues in Shareholding Structures

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