Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
18 November 2020
Transfer pricing under the spotlight for tax authoritiesFor businesses operating internationally, transfer pricing (TP) requires proactive decision-making to reduce the tax risk inherent in operating in multiple tax jurisdictions. Without efficient transfer pricing policies in place, the businesses can suffer from double taxation, whereby the same income is taxed in two countries. Businesses are increasingly focussed on ensuring that their policies are robust enough to stand up to increased scrutiny from tax authorities around the world.
18 November 2020
How will Brexit impact transfer pricing for UK businesses?For businesses conducting transactions with related parties, transfer pricing (TP) is an important consideration – and with Brexit looming, businesses conducting transactions with related parties across borders will need to be aware of the impact this could have.
18 November 2020
Welcome extension of the £1 million Annual Investment Allowances limitThe Government has announced that the planned reduction of the Annual Investment Allowance (AIA) from the temporary rate of £1 million to £200,000 on 1 January 2021 has been postponed. The temporary rate of £1 million will now be extended until 31 December 2021.
12 November 2020
An extraordinary two weeks for the world was reflected in unpredictable investment marketsThe US election has dominated headlines over the last fortnight - knocked off the top spot only by the good news that a Coronavirus vaccine may soon be on its way. The resulting impact on investment markets has been tumultuous to say the least, with fluctuations seeming set to continue for the foreseeable.
10 November 2020
A new breed of farming entrepreneursHalloween-themed pumpkin picking. Glamping holidays. Wine tasting tours. All fun ways to spend a weekend; but did you know they’re also an increasingly important part of the long-term sustainability of Scotland’s farming sector?
Have a general enquiry? Get in touch.