General business issues

The factsheets in this section answer some of the most commonly-asked questions from business clients - contact us for advice tailored to your needs.

Accounting records

What records should you keep – and for how long?

Bribery Act 2010

This factsheet gives an overview of the procedures you must put in place in relation to the Bribery Act 2010.

Cash Basis for the self-employed

Small unincorporated businesses can calculate their profits for tax purposes on a cash basis rather than the normal accruals basis. We look at the optional rules that allow for this, while also taking in the key tax points.

Charities in Scotland: trustees' responsibilities

We consider the various responsibilities of being a Scottish Charity Trustee with particular emphasis on accounting and audit requirements.

Company secretarial duties

This factsheet considers what company information has to be made available and looks at whether a company secretary needs to be appointed.

Criminal Finances Act 2017

The Criminal Finances Act makes companies and partnerships criminally liable for failing to prevent tax evasion. This factsheet considers the key aspects of the Act and the implications for your business.

Data Security – Data Protection Regulatory Framework

Ensure the key compliance issues are observed when considering data protection and the General Data Protection Regulation (GDPR).

Data Security – Data Protection Regulation - Ensuring Compliance

The General Data Protection Regulation (GDPR) requires organisations to protect the personal data of individuals.

Directors’ responsibilities

Becoming a director carries with it potentially onerous duties. Make sure you know what those duties are. This factsheet gives guidance on directors’ responsibilities.

Grants

We consider if your business is eligible for a grant.

Limited liability partnerships

The key features of a Limited Liability Partnership.

Making Tax Digital for Individuals

Outlining the Making Tax Digital regulations for individuals.

Micro Entity Accounting

This factsheet considers the options available to micro entities when preparing their accounts. This factsheet considers the options available.

Money laundering

Tough rules apply to tackle money laundering and the proceeds of crime. The rules affect a wide range of people and we consider how your organisation may be impacted.

Narrative reporting

An explanation of the directors' report requirements faced by private companies.

Preparing for your accountant

Whether we are producing your accounts or carrying out tax compliance work, being prepared for us will ensure our work is carried out smoothly and efficiently and with the minimum disruption to yourselves. This factsheet highlights many of the ways in which you can help.

Factsheets

General business issues

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