Monthly Archives: December 2015
The first recipients of Scottish direct farm payments should finally start to receive their money by the end of the month.
In order to avoid any further delays the 2015 payment will be paid in two parts with the first worth a minimum of 70% of the total value of Basic Payment scheme, Greening and Young Farmers payments.
The government has estimated that the majority of farmers should receive their initial payment by the end of January 2016 with the balance due to be settled by April 2016.
With monies being received later than the historic timing of Single Farm Payment it will be even more important to review the farm cash flow.
If you require any further information please contact Ian Bilsland on 01738 450415 or Margaret Bunyan on 01324 441266. Ian and Margaret are also both available to assist you with any bank discussions that you may consider in the meantime should the need arise.
All we do is give some time, a few hours to help unpack and assist in sorting out the deliveries to the Foodbank in Falkirk.
Falkirk Foodbank is the 2nd largest in Scotland and they currently supply just under 6 tonnes of food a month. The foodbank is run by an army of volunteers, and aims to provide nutritionally balanced food to those in need. Christmas can be a difficult time for individuals and families who are already managing on extremely tight budgets. Increased winter fuel bills will push many families into food crisis, leaving them with the heart-breaking dilemma of choosing between heating and eating.
With 13 million people in the UK living in relative poverty, #everycanhelps!
As a firm of accountants who take our role within The Institute of Chartered Accountants (ICAS) very seriously (as well as a group who never pass up an opportunity for a night out) the annual ICAS dinner is something we at Drummond Laurie look forward to every year.
Ten of the senior members of staff put on their glad rags out and arrived at the Radisson Blu in Glasgow for a night filled with dinner, a few drinks and speeches from ICAS President Jim Pettigrew, Chief Executive Anton Colella and celebrity comedian, Patrick Kielty.
The night was a great opportunity to catch up and network with fellow CA’s, but there was also an important message conveyed throughout the evening in relation to the ICAS Foundation, a foundation which aims to support academically talented young people from disadvantaged communities into university, through the provision of mentoring and financial assistance. One of the attendees from Drummond Laurie, David Anderson, is an active participant within the ICAS Foundation in his role as mentor to a student currently undergoing University exams. If you wish to know more about the ICAS Foundation, this can be found at the following web address:
As the evening drew to a close, it was topped off in grand style, with Julie McVicar winning the star prize in the raffle, a pair of diamond earrings worth £1,400 from event sponsor Rox.
On Wednesday 25 November 2015 George Osborne presented the first Autumn Statement of this Parliament. So what exactly did the Chancellor say and, more importantly, what did it actually mean?
A summary of this year’s Autumn Statement is now available here Autumn statement 2015
The Autumn Statement reaffirms fundamental taxation changes, most of which had been announced in previous budgets, which will affect business and personal lives for this year and future years. Written in plain English, we have broken the summary down into the main areas of taxation. We have also included comments on the more important changes, together with any planning points that may arise.
The summary provides an invaluable update for you and will help you get to grips with the changes. It will remain on our site for you to refer to as and when you need it but if you have any questions, don’t forget we are here to help you navigate and plan your way through the tax maze, so please do get in touch.