New requirements for reporting & paying Capital Gains Tax (CGT) on disposals of UK residential property
Whilst many property transactions may unexpectedly have been put on hold in recent weeks, UK resident individuals and trustees disposing of UK residential property need to be mindful of HMRC’s new reporting requirements.
New Tax Rates – Associated Company Rules
The headline corporation tax rate increased with effect from 1 April to 25% for accounting periods ending post 31 March 2023.
Not For Profits
Our NFP advisors specialise in providing tailored financial solutions that align with the mission-driven nature of Not-for-Profits. From compliance with complex regulations to strategic financial planning and transparent reporting, we are dedicated to supporting organisations focused on making a positive impact. We are committed to helping Not-for-Profits thrive, ensuring that their financial practices reflect the values and objectives that drive their meaningful work in the community.
Not-For-Profit Audits
In the not-for-profit sector, where resources are directly connected to your social mission, our approach to statutory audits is meticulously designed to support your objectives and amplify your impact.
Online Calculators
Our selection of quality online calculators has been created with our clients’ needs in mind, ensuring that you find the right answer to all manner of financial and accountancy queries.
Operations Manager
As Operations Manager, you will bring a strategic mindset and a hands-on approach to optimising operational efficiency across all functions of the business.
Other Services
Our DNA
Our DNA sets out our values of Integrity, Fairness, Working & Succeeding Together, and Valued Relationships, which are the principles that we stand for as a firm and that we are committed to, both now and in the future.
Our History
What began as a modest accounting practice has evolved into a forward-thinking firm that stands at the forefront of the industry today. Over the years, we have not only witnessed the transformations in the financial landscape but have actively shaped and adapted to them.
Outsourced Vs In-House Payroll
Explore our informative video presented by Samantha Johnson, Director of Payroll Services, covering key considerations when comparing in-house payroll with outsourced payroll solutions.
Outsourcing Payroll
Key Benefits Of Outsourcing Payroll That Can Make A Real Difference To Your Business.
P11Ds and Company Car Provisions - What you need to know
As we are now into P11D season for clients, it is timely to highlight a complex area relating to company car provision, where we are seeing benefits not being reported on forms P11D because company costs are being charged to employees/Directors. This treatment is not correct and can lead to liabilities and penalties for clients, with wider connotations relating to completion of accounts and CT returns.
Partnering for a sustainable future
The New Political Landscape and Your Business.
Patent Box
Are you using the 'Patent Box' regime to reduce your corporation tax? If your company owns or is considering registering a patent, you could be eligible for a relief which will begin to reduce your corporation tax bill.
Payroll
Ideal for businesses currently processing payroll in-house or those that are seeking an alternative provider, our payroll services take the complexity out of payroll, ensuring compliance and mitigating risk, all whilst allowing you to focus on areas of growth for your organisation.
Payroll Manager
We are looking for a Payroll Manager to join us at our Kilmarnock office.
Payroll: Salary advances to be reported as part of regular earnings
Advances of salary will be able to be reported via PAYE real time information (RTI) as part of regular earnings rather than when advances are paid.
Pension Funds and Inheritance Tax: Significant Changes from April 2027
Changes represent a significant shift for individuals who have used pension funds as part of their estate planning strategy, as such funds have historically been outside the scope of inheritance tax. With careful, early planning, however, families can minimise the impact of the reforms and put strategies in place to protect wealth for the future.
People
Our diverse team, which is strategically located across the UK, brings a wealth of expertise and specialisation in various markets and sectors. Meeting the unique demands of our clients, our accountants are equipped with specialised knowledge tailored to navigate the intricacies of specific industries.
Personal Tax
Personal tax issues sometimes get the better of even the finest of minds, but here at Dains help is at hand. Using our in-depth knowledge of the latest rules and regulations, we can help you identify tax planning opportunities and avoid potential pitfalls.
Preparing for the Digital Tax Revolution: Embracing Cloud Accounting
John Southwell, Accounts Advisor Partner, talks about how delays in the roll out of Making Tax Digital (“MTD”) has not helped with the perception of the programme and how accountants can act as the bridge between the government and industry to drive adoption of new accounting technology.
Private Client
At Dains, we understand that your family’s happiness and future success is part of what makes you tick. Your private financial planning is perhaps the most important thing in your life. Making sure your family is provided for in the future is your number one priority – and ours.
Private Client Tax Consultant
Are you passionate about consulting and advising private clients? Do you understand what is important to them and are you able to deliver an effective and friendly resolution? We’d like to hear from you!
Private Client Tax Manager
Are you passionate about consulting and advising private clients? Do you understand what is important to them and are you able to deliver an effective and friendly resolution?
Private Companies
For private companies seeking tailored accountancy solutions that go beyond a generic, "one-size-fits-all" approach, our services at Dains are designed to meet your specific needs. We understand the importance of dedicated support, and our team of account managers is committed to providing bespoke solutions to enhance the financial management of your business. Discover the advantages of partnering with us for a personalised approach that aligns with the unique requirements of private companies.