The Long View

Last week along with thousands of others, we attended the Eagles Concert at Murrayfield. Funnily enough, we never saw anyone that we knew although it appears that there were plenty of you there. Maybe you were in the hospitality suite. Now, those of you who are familiar with the Eagles will realise that they are […]

If you live in the North of Scotland, you probably see boats regularly. I travel around every week and so I do more than just watch them. I frequently travel to and from one island or another by boat. Planes are fine but the timings are generally not as convenient, and they waste so much

I don’t know about you but we seem to have been here before. The Conservative leader has narrowly survived a confidence vote, we have high and rising inflation, there are assorted strikes, and there seems to be a general feeling of malcontent around. I have even seen reports that there is some consideration, I do

What drives you? Where does your motor get its power? There are libraries of books written about everything from goal setting to motivation. No point adding to them. But, many years ago I distilled what it was that drove me. I think it dates right back to childhood when I always liked that feeling of

For much of my working life, most days have been the usual get up, shower, breakfast, dress and then off to work. Although the work can vary from day to day and week to week, it is basically accounting and tax. There are the occasional things we go and do, but the general pattern runs

I have had some very interesting discussions over the years about our trading status. We find that when we are completing forms, there is never an appropriate box to tick. The choice is limited company or partnership, and we are neither. We sort of fall down the gap in between. We are also definitely not

That’s the way I like it. I don’t know about you, but we see change around us daily. Now, some of this is technology where we are just catching up, but I think everybody is a bit like that. There may be something out there that will solve a problem for you, but you just

I don’t know about you, but I browse LinkedIn and sometimes other social media platforms and cannot help but notice all the advice out there on how to run a business. Each comes as an apparent revelation because nobody knew it before, did they? I think anyone who writes, me included, can be a little

At the end of the day, over the life of a business, the profit is broadly the difference between what cash the business has earned over its life and the payments it has made over that same period. Cash in and cash out over the 1, 2, 5, 10, 20 year existence of that business.

This is trotted out so often that I think we forget the message. For that handful of you who do not know what it means, the letters stand for “Keep it simple stupid!”. The message is so often forgotten. The world of tax is no different. I accept that there are those who spend time