Agricultural Property Relief
Over the past few years, to maximise income, many farmers and landowners have diversified by renting out land for activities such [...]
VAT Late Payment Penalties
For VAT periods starting on or after 1st January 2023, the penalties for late payment of VAT are changing. The amount [...]
VAT Penalty Changes for Late Submission
From 1st January 2023, HMRC are replacing the default surcharge for late filing of VAT returns for a new penalty points [...]
Corporation Tax
It has now been confirmed that the rate of corporation tax will, in fact, increase from 19% to 25% on 1st [...]
Interest Rates Rise
Last Thursday, the Bank of England increased it’s base rate to 3%, it’s highest level for 14 years. This has implications [...]
Planning Ahead
Thinking about selling your business? When all entrepreneurs embark on their business journey they are typically focused in the early years [...]
Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA)
Making Tax Digital (MTD) is the governments initiative to reform and modernise the UK tax system by having one of the [...]
Promotion News
We're delighted to announce that William Main has been promoted to Senior Reporting Accountant. William joined our outsourcing team in March [...]
Salary Sacrifice Arrangements for Electric or Low Emission Company Vehicles
Electric and low emission vehicles have become the buzz word in the world of company vehicles over the last few years, [...]
Do you need to register for Self-Assessment?
A number of different people have to register for Self-Assessment and thus complete a Self-Assessment Tax return, including: Self-employed sole traders [...]
It’s our Birthday!
Over the years, Drummond Laurie has celebrated its birthday with some of our amazing clients. On Tuesday, we had some time [...]
Energy Bill Relief Scheme (EBRS): help for businesses & other non-domestic customers
Last week the government announced details of The Energy Bill Relief Scheme which will provide a discount on wholesale gas and [...]














