Practical guides, tax tips and financial insights — written by our accountants for small business owners across Scotland and the UK.
HMRC's MTD for Income Tax Self Assessment becomes mandatory from April 2026 for sole traders earning over £50,000. We explain what changes, how Scotland's unique tax rates interact, and exactly what to do now.
The most common question from growing Scottish businesses — answered honestly. We include the Scottish income tax angle most generic UK guides miss, and the profit thresholds where incorporating makes sense here.
Mortgage interest relief is gone. Scottish landlords are hit harder than most guides admit due to lower higher-rate thresholds and LBTT's Additional Dwelling Supplement. Here's the full picture.
Scotland has six income tax bands — very different from England's three. The higher rate kicks in at £43,663 and an intermediate 21% band exists that has no equivalent elsewhere in the UK. Here's what it means for your business.
Most sole traders overpay tax by underclaiming. Home office, mileage, equipment, phone, professional fees — here's the full list of what you can deduct, with the rates and rules that apply to Scottish sole traders in 2025/26.
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