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Cyber Security – keeping your data safe

At Nicolson Accountancy we take our Cyber Security very seriously and it is a key part of our business. We know your data is precious so that when you send us information we want you to know that we always keep it safe and secure. We continually invest our time and money in new hardware and…

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Acquisition of Judge & Co

We are delighted to announce that we have acquired the practice of Judge & Co, Chartered Accountants, of Glasgow with immediate effect. Judge & Co was founded in 1999 and serves over 200 clients across Scotland, providing personal tax and accounting services, very similar to our existing clients. The clients and staff of Judge will…

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New VAT rules on customer discounts

New VAT rules on customer discounts New rules on prompt payments came into effect on 1 April 2015.  New rules apply to the VAT treatment of prompt payment discounts (PPDs). VAT can only be reduced to reflect the discounted price if the customer pays within the discount period. Previously it applied whether or not the…

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Credit card sales – HMRC crack down

Credit card crack down Businesses with undeclared income from debit and credit card sales have been offered the chance to settle their tax affairs on the best terms.  The offer is HMRC‘s latest tax campaign, or taskforce, against tax evasion. Businesses that make the voluntary disclosure will have four months to pay what they owe from the date…

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RTI filing and under 16’s with no NI number

So you are a hotelier who is employing some junior waiting staff to work weekends and busy times, and they are under 16 and don’t have a NI number.  What do you do? Firstly, and NI number is allocated at birth, but it is just never sent to the taxpayer until they reach 16 years…

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Nicolson Accountancy featured by DocLanding

Nicolson Accountancy have been featured by DocLanding for their innovative use of Cloud Document Management across their extensive multi-national client base. We recently reached out to multi-award winning accounting firm Nicolson Accountancy to learn more about their experiences with digital document management. “We’ve been using DocLanding for about 4 years and have been slowly expanding…

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