Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
31 January 2022
Johnston Carmichael’s Food & Drink industry report serves up insight on key issuesLast year, we launched our inaugural Food & Drink industry survey in conjunction with the Food & Drink Federation, to hear first-hand how businesses have fared and what their needs are going forward. The results are now in and Adam Hardie, Head of Food & Drink, explores the key findings.
Scott McFarlane
Employer Services Senior Manager
27 January 2022
Changes to staff accommodation rules - are you aware of the tax implications?An announcement made by HMRC back in April 2020 on how certain staff accommodation will be taxed from 6 April 2021 is affecting many workers and employers in the farming community.
Laura Carter
Head of Early Careers
20 January 2022
MTD for VAT legislation from 1 April 2022 – are you affected?Making Tax Digital (MTD) is a vital component of the Government’s plan to make it easier for individuals and businesses to get their tax right and keep on top of their affairs through a fully digital tax system. From 1 April 2019 MTD compliance became mandatory for most VAT registered businesses with a taxable turnover above the current threshold (£85,000), and the next phase of MTD for VAT is coming into force on 1 April 2022.
17 January 2022
Passing on your property in a tax-efficient wayPassing on land and property assets without incurring tax continues to be a challenge, particularly for residential or commercial property. However, careful planning can ensure you are able to manage the succession of these in a tax efficient manner - Alex Docherty explains in more detail in this article.
10 January 2022
The key role of the rural sector in achieving net zeroEvery farm and estate will start the journey to net zero from a different place and will need a unique action plan.
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