Chartered Tax Advisers & Accountants


Only a few days to go to file your tax return or you may face a fine (or may not?)

Published On: 29/01/2018

The deadline for getting your tax return to HMRC is 31st January. If you are a client of M&S then you’ll know this and will almost certainly either already have had your return scrutinised by us and submitted, or will be in the final stages of doing this (and don’t worry, we’ll make sure it’s OK).

However, every year, thousands of people across the UK fail to get their return in before the deadline.

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Not recommended tax excuses, but nonetheless amusing!

Published On: 18/01/2018

As accountants and tax specialists, we occasionally have clients who ask us, how can I put this, “challenging” questions. We bow to nobody in our desire to help our clients pay only the tax they owe, however, often their questions (a recent example was “can I claim on the summerhouse I’m having built if I say I’ll use it as an office?”) bring a wry smile to the lips

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Eight taxing minutes is four minutes too long …

Published On: 12/01/2018

Like most businesses, accountants have peaks and troughs throughout the year. In our case, as one of Scotland’s very few experts on US tax, we move from US tax deadlines to UK tax deadlines... It does mean that the December/January period is probably our two busiest months of the year and it can be frantic at times.

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New Year’s resolution – get your tax paid on time!

Published On: 04/01/2018

Everyone here at M&S Accountancy and Taxation hopes you have had a relaxing festive break and a great New Year. In Scotland, we have lots of traditions associated with Hogmanay, usually involving having a great time with friends and neighbours...

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Published On: 15/12/2017

Amidst the headlines of all the new tax rates and who will and won’t be better off, there probably won’t be many who will feel too much sympathy for tax advisers.  However following the changes announced yesterday, those of us advising Scottish taxpayers will now be dealing with one of the most complex tax systems in Europe.

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Tax Thresholds

Published On: 15/12/2017
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Scottish Budget 2017

Published On: 14/12/2017

This afternoon, the most significant changes in recent times to the Scottish Income tax system were announced.  These were much wider ranging than anticipated and will, in addition to having a direct impact on the finances of Scottish taxpayers, undoubtedly add a huge amount of complexity to the calculation of tax liabilities for many of our clients due to the way these new rates will interact with other taxes that are still under the direct control of the UK Treasury.

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Sometimes, HMRC isn’t what it appears to be…

Published On: 04/12/2017

I got a scam email the other day.  It’s shown below.  On the face of it, this looks like it might be real.  The colours used, the tone, the language; they all seem plausible.  Then there is the promise of a rebate from HMRC, not too large so as to seem obviously a scam, but just a couple of hundred pounds, an amount that would make a nice difference, especially with Christmas coming up.

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Autumn Budget 2017 - At A Glance

Published On: 24/11/2017 Read more

Autumn Budget 2017 - For What It's Worth!

Published On: 24/11/2017

As announced earlier this year, there will now only be one Budget each year (instead of the 2, and sometime 3, fiscal events that have been experienced over the years).  We expect future budgets may contain a bit more detail on tax.  On a positive note, we now know what will be the position for the rest of this tax year, as well as certainly the first half of the 2019 tax year.  However, despite the significance of being the only budget for a 12-month period, the Chancellor played it fairly safe. 

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