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Disclosure (Scotland) Act 2020
The Disclosure (Scotland) Act 2020 is set to be implemented on the 1st April 2025, bringing significant reforms to Scotland’s disclosure system. We outline the changes that Trustees need to be aware of and where you can access support.
The importance of the finance function
In partnership with Scottish Pharmacy magazine, here is the latest article aimed at helping pharmacy owners build efficient and profitable businesses. This article looks at the importance of the finance function.
2024 Fundraising Total
We are delighted to reveal that our grand fundraising total for 2024 in aid of our Charity of the Year Alzheimer Scotland is £11,787.
APR changes target farmers
The proposed reforms to Agricultural Property Relief (“APR”) and Business Property Relief (“BPR”) will, if implemented, prompt considerably different succession plans. Read more about the APR changes and what needs to be considered.
Audit thresholds have increased
In a move to ease the reporting burden on UK companies, the UK Government have announced a series of deregulatory changes. Applicable for accounting periods commencing on or after 6 April 2025, the changes will see existing company size thresholds rise by 50%.
Scots AUTOSCENE magazine – Business Property Relief
In the latest edition of the SMTA magazine Scots AUTOSCENE, we cover significant changes announced at the 2024 Autumn Budget affecting Business Property Relief (BPR) for IHT purposes that will impact on a large number of trading businesses in many sectors including the motor industry.
Year-end Tax Planning Guide 2024-25
With the tax year-end of 5th April fast approaching, our Thomson Cooper year-end tax planning guide is now available. The guide provides insights and summaries of the primary tax reliefs and allowances applicable for the remaining months of 2024/25.
What solutions can tackle Christmas debt?
Once the festive season is over and the bills pile up in January, many feel overwhelmed by Christmas debt. Fortunately, in Scotland there are several structured debt solutions to help you regain control of your finances,
Window on Wealth Winter 2025
Welcome to our Window on Wealth Winter 2025 wealth management newsletter. This edition is packed with articles covering many of the key wealth management challenges and questions currently facing savers and investors.