Your Business and Tax Partner
If you are self-employed or receive rental income, you have probably started hearing more about Making Tax Digital for Income Tax. A lot of the publicity around it is coming from software providers, all pushing the idea that you need to
If you file a Self Assessment tax return, you may soon hear from HMRC about Making Tax Digital (MTD) for Income Tax. From November 2025, HMRC will begin sending letters to taxpayers who submitted a 2024–25 return, warning them that they’ll fall
If you’re a small business owner in Dunoon, Cowal, or Helensburgh, you’ve probably wondered: “Should I stay a sole trader or form a limited company?” As a Dunoon accountant working with local businesses every day, I can tell you this: When your profits reach around £40,000,
Dunoon Accountant: Director’s Loans Explained As a Dunoon accountant, I often see limited company directors unsure about how to take money out of their business without using salary or dividends. This is where Director’s Loans come in—a useful tool for short-term cash flexibility,
As a Dunoon accountant, I often speak with small company directors who ask the same question: “Can I share the rewards of my business with my family—and do it in a way that makes sense for everyone?” For many directors I
If you’ve got a limited company, one of the most common bits of advice you’ll hear is this: “Pay yourself a salary of £9,100 and take the rest as dividends.” It’s been the default setup for years — and in
Going self-employed is exciting – but it can feel like there’s a mountain of admin to climb before you even get started. Whether you’re baking cakes, fixing fences, freelancing online, or just doing the odd job here and there, it’s
Running a business in Dunoon isn’t always easy. Between rising costs, patchy infrastructure, and the unique challenges of life on the Cowal Peninsula, it’s easy to let the small stuff slide. But sometimes it’s those “small” things—your mobile bill, your broadband, your insurance—that
If you run a B&B, holiday let, Airbnb or small hotel in Dunoon or the surrounding area, you’ve probably heard about a “visitor levy” coming to Argyll & Bute. This blog sets out where the council is in the process, what the
You might have heard about Making Tax Digital — or maybe HMRC’s letters are stacking up unopened. Either way, the rules are changing, and if you’re a sole trader or landlord, it’s going to affect you soon. Here’s what it means in