You may have heard of recent changes announced to the accounting rules for companies in UK and Ireland called ‘FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and FRS 105 – Micro Entity Regime. FRS 102 is a single accounting standard that replaces existing UK Generally Accepted Accounting Practice…

Marriage Allowance – Transfer of personal allowance Marriage Allowance lets the lowest earner transfer £1,060 of their personal allowance to their husband, wife or civil partner. This could reduce your tax by up to £212. You can claim married couple’s allowance if all the following apply: You’re married or in a civil partnership You’re living…

We are delighted to announce the merger with Melrose Chartered Accountants Purves (Purves CA), as of 1st May 2015. We will now also operate from existing Purves CA offices in Melrose. The seven members of staff will all be kept on to work under the new directorship and Andy will take up the role of…