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Stewart Accounting Blogs

How to Choose Accountants in Alloa

How to Choose Accountants in Alloa

Looking for accountants in Alloa? Learn what to look for, what services matter most and how the right support can save time and improve cash flow.

VAT – opting to tax property

The option to tax is a VAT election that allows businesses to treat supplies of most non-residential land and buildings as taxable rather than VAT exempt. Once an option to tax is made, supplies in

Claiming to reduce payments on account

Self-assessment taxpayers are usually required to make payments on account to pay their Income Tax liabilities. These are paid in two instalments, the first on 31 January during the tax year and the

IHT – gifts made with reservation of benefits

Most lifetime gifts are treated as potentially exempt transfers (PETs) for Inheritance Tax (IHT) purposes. In general, these gifts become fully exempt if the donor survives for seven years after