HMRC changes that will impact your business – MTD

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As a VAT- registered business over the £85,000 turnover threshold there are major changes coming Drummond Laurie Chartered Accountantsfrom HMRC that will affect your business.

Making Tax Digital means that from April 2019 businesses will need to submit their VAT Returns through compatible software and keep digital records of their accounts.

We have previously advised you that we are looking into this and please trust that, behind the scenes, we continue to do so.

We always have our clients well being at the forefront of what we do and we want to find a solution for you that both meets the HMRC requirements and is economical and manageable for you.

HMRC are still testing MTD and how it will work in practice and most of the accounting software suppliers are still setting their prices for the upgrades required for their systems, therefore, there is still much to be confirmed before all options are available for businesses.

Every business is different in respect of software and book-keeping options and we don’t believe that there is one solution which fits all.   We will be in touch with each of our clients individually explaining their options for MTD.

If you do have any questions in the meantime please do not hesitate to contact Julie McVicar, julie.mcvicar@drummondlaurie.co.uk or your usual Drummond Laurie contact.

 

Developing our Future

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Drummond Laurie Chartered Accountants

We were delighted recently to be invited to take part in a video with Developing Young Workforce Forth Valley and we were even more delighted when Jessica, one of our C.A. Trainees agreed to be our star for the day!

DYW exists to encourage and support businesses to create and develop meaningful, sustainable partnerships that develop young people by engaging directly with education, and encouraging local businesses to employ more young people.

Here are a few good reasons to be involved:

  • helping young people develop the attitudes, skills and knowledge for your business
  • inspiring young people to work for you and securing a talent flow
  • promoting a positive awareness of your business in the community
  • promoting improved career choices and supporting diversity in the workplace
  • giving something back to your community
  • applying the perspective and skills of young people to your business challenges
  • providing development opportunities for your staff
  • it makes good business sense!

All employers, regardless of size and type, can make a valuable contribution to preparing young people for the world of work, and it makes good business sense to get involved in developing your potential workforce.

To see Jessica’s video click here

For more information on our current vacancies visit careers

 

 

 

 

 

 

 

 

Experts in Creating Careers

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Our 2019 Accountant Trainee and Summer Internship jobs are now available on the careers page on our
Drummond Laurie Chartered Accountantswebsite, click here for more details and how to apply.

Our training is designed with the specific purpose of giving you the best of both worlds: fast access to credible learning opportunities and the consideration to allow you to focus on what’s important – your studies, whilst at the same time offering hands on client experience and fun!

 

Last Chance Childcare Vouchers Scheme

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You may be aware that the government proposed to close the existing ‘Childcare Vouchers Scheme’ (CVS) to newDrummond Laurie Chartered Accountants entrants from 6th April 2018.  This scheme, in a lot of cases, is more beneficial than the new scheme introduced as its replacement – Tax-Free Childcare (TFC).

However, following a parliamentary debate after the Chancellor’s Spring Statement in March 2018, the Government announced they would keep the existing scheme open to new entrants, for a further 6 months.

The old scheme will now close to new entrants on 3rd October 2018.  From 4th October 2018, new entrants will no longer be eligible for CVS and the only option left will be to register for the TFC scheme.  For monthly paid employees, this will mean that the last opportunity, for new entrants, to purchase these vouchers, will be in their September pay.   If you believe this scheme would benefit you, please act now.

Please see our original blog for more details here

Promotion News

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Drummond Laurie Chartered AccountantsAs we approach our fifth birthday celebrations at Drummond Laurie it’s a great time to reflect and remind ourselves how much has been achieved over the last five years.

When we started Drummond Laurie our main focus was on providing a very high level of client service, which was something as a team we managed exceptionally well.  This is not something that was achieved overnight or easily and certainly not something that was achieved by any particular individual, but rather by the contribution that each and every one of our team give on a daily basis.

With this in mind we remain committed to providing a sound platform to enable our staff to reach their career aspirations and so we are delighted to announce the promotions of  Julie McVicar to Associate Director and  Robert McMillan to Senior Manager.

Congratulations Julie & Robert on your achievements to date, your promotions demonstrate the hard work, commitment & contribution you have given to Drummond Laurie.

Our clients are vital to us, but so too are our staff and if you think Drummond Laurie might be the place for you,  have a look at our current opportunities here.

A Busy Week!

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This week has been a busy one at Drummond Laurie!  Where to start?Drummond Laurie Chartered Accountants

Last Friday when Elaine didn’t turn up for work we didn’t expect a call to say her baby had arrived!  Welcome to Euan George Campbell who made a very early arrival at 10.10am on 17th August at a small, but perfectly formed, 5lb 10oz.  Mummy & baby both well and we send our love and congratulations to Elaine & Peter.

Next Caitlin Fulton joined us straight from school and will work with us for 12 months before beginning her CA Training in September 2019.  Caitlin did a work experience week with us last year while still a pupil at Falkirk High School.

Last and by no means least we said farewell to Barry Evans who has been a huge asset to our team since joining us just over two years ago.  Australia’s gain is our loss!  We wish both Barry and Laura the very best of luck as they head off on their big adventure and we hope to see him again sometime in the future!

Of course this all  just meant more cake!!!

 

 

 

 

An Interns View

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Drummond Laurie Chartered Accountants

This year Mike McLean spent his summer with us, here’s his view.

My fantastic summer has nearly come to an end. Having had no prior experience working as an accountant – or even working in an office – I couldn’t have hoped for a better place to work. I’ve had a great eleven weeks working with a very patient team, who were always on hand to help.  The team made sure I performed a wide range of tasks in order to give me as much experience as possible. I really didn’t expect to be given as much responsibility as I have been, but I’ve been delighted with the contribution I’ve been able to make over the summer and it has really helped build my confidence.

I’m so pleased to have been given the opportunity to put my knowledge I’ve gained at university into practice, and I have really enjoyed pushing myself. The internship consolidated my existing knowledge and helped to build upon this, learning something new every single day.

This summer has given me a huge confidence boost along with the motivation to complete my degree, and I’m hoping to follow this  up by studying to become a chartered accountant. The ACCA & ICAS students have been so helpful and were always willing to help – even when I asked my millionth question! Having the opportunity to speak to the students has given me a good idea of what life as a CA student would be like.

It really wouldn’t have been the same without such a welcoming and helpful team so I would like to thank them for that. There’s always something going on in the office which I really enjoyed – I almost averaged a slice of cake a week during my time here through birthdays and weddings!

Thanks again to Drummond Laurie for giving me such an excellent opportunity.

Thank you to you for all your hard work and best of luck Mike in your last year at university, keep in touch.

 

Supporting Agriculture all Summer

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We are delighted to have sponsored a numbDrummond Laurie Chartered Accountantser of local agricultural shows again this year and on Saturday 28th of July it was Braco Show.

The show gives locals the opportunity to showcase their livestock, as well as catch up with friends and have a great day out. Unfortunately, the glorious weather wasn’t to last, but it didn’t stop the show going ahead and being enjoyed by all. For some the rain would have been welcomed, as this heatwave has been causing problems for many farmers up and down the country.   One of the highlights of the show was the pig racing, which was this year’s main ring entertainment.

Margaret Bunyan, one of our agricultural specialists at Drummond Laurie, is the Treasurer for the show and like other committee members was present on the day to ensure that it ran smoothly. Margaret’s 4-month-old son, Owen, attended the show and although he loved popping into the Secretary’s tent to see his mum, he also loved seeing the vintage tractors! 

At Drummond Laurie we work closely with our farming clients providing them with specialist proactive taxation, accountancy and business advice. If you would like to discuss an agricultural related accountancy query, then please contact us.

 

 

Highland Games, Running & Prizes!

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Drummond Laurie Chartered AccountantsDrummond Laurie this year sponsored the Youths 200m at the 162nd Alva Highland Games which took place at Johnstone Park in Alva in glorious sunshine and in front of a crowd of over 3,000 spectators. The race was won by Amy Honeyman from Menstrie and the prizes were presented on behalf of Drummond Laurie by Rachel Gibson.

The games were the first in a series which were part of the annual “week away” taking in such locations as Rosneath, Burntisland, Inveraray and Mull. One of our employees, Andrew Gibson, took part in races at each of these highland games with the aim of winning some hard earned prize money. It was a successful week for him ending with a win in the Open Mile at Mull Highland Games aided by his daughter counting down the laps and son ringing the bell to signal the final lap. Not wanting to feel left out, the rest of the family also took part in the various visitors’ races over the week, all coming away with several prizes each.

 

Perth Team Growing Too

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Drummond Laurie Chartered AccountantsWe are delighted to welcome another new member to our team this week.  Sean Plumridge joins us in our Perth Office as a Trainee Accountant who will be working towards the ACCA qualification.  Sean is originally from Kirkcaldy and before starting at Drummond Laurie, he studied history at St. Andrews University. 

Sean enjoys playing music and reading. He also spends a lot of time with his three sisters; aged 9, 5 and 2.  He’s also does some long-distance running,  great news for us, so look out for him in our DL Team for the Strathcarron 10K!

 

 

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