Latest updates

30 August 2017

Exchange - Scott-Moncrieff’s business journal

The latest edition of our annual business journal, Exchange, has now been published.

29 August 2017

Extension of Senior Managers and Certification Regime

The FCA is consulting on extending the Senior Managers & Certification Regime (SM&CR) to all FSMA authorised firms.

29 August 2017

Regulatory spotlight on crowdfunding & P2P lenders

The FCA has launched a crackdown on peer-to-peer lending in an effort to ensure protection for retail investors within this heavily risk-associated market.

29 August 2017

MiFID II countdown: Five months to go

We outline the conduct requirements and main changes being introduced by MiFID II in relation to best execution, investment research and inducements.

Against all odds: Reserves triumph at Scott-Moncrieff charity match

22 August 2017

Against all odds: Reserves triumph at Scott-Moncrieff charity match

Scott-Moncrieff's annual Super Sevens charity football tournament took place on Friday 18 August, raising over £2,000 for Bethany Christian Trust.

18 August 2017

Charity Governance Code 2017: The seven principles

The Charity Commission's Governance Code has been updated, with seven principles aimed at encouraging higher standards of governance and leadership

01 August 2017

Do you need a trading subsidiary?

We look at the tax benefits that can be derived by a charity setting up a trading subsidiary.

27 July 2017

MOTs fail their VAT test

Any garages that charge for MOTs are being urged to make sure they account for VAT in the correct way.

26 July 2017

MiFID II: Governance and organisational requirements

What impact will the requirements of MiFID II have on internal management, individual responsibilities, organisational arrangements and governance?

26 July 2017

The age-old Q: To extract profits as salary or dividends?

We provide an answer to one of the most popular questions directors and shareholders ask us: should I extract profits as a salary or dividend?

25 July 2017

Are you an ‘unintentional’ landlord?

If you're thinking of selling a residential property that you are currently renting out there are some important tax consequences and reliefs to consider.

25 July 2017

Making Tax Digital: What’s the latest?

The Government recently announced that Making Tax Digital will be pushed back to at least April 2020 for all taxes except VAT.

20 July 2017

Museums and galleries tax relief: what’s the latest?

Following a recent statement by HM Treasury, there is a chance the museums and galleries tax relief legislation will be introduced later this year.

30 June 2017

Changes to the Financial Reporting Standard 102: what you need to know

We set out the proposed changes to the Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

28 June 2017

VAT on commercial construction projects

When constructing property, it is important you consider your VAT position at the planning stage and incorporate it into any budgets or cash flow models.

28 June 2017

Issued shares to employees or directors in the year to 5 April 2017?

Share transactions involving employees between 6 April 2016 and 5 April 2017 are to be reported to HMRC via a 'Form 42' by 6 July 2017.

28 June 2017

The charity SORP: an update

We provide an update on SORP FRS 102 for charities, including what we know about the new SORP scheduled for 2018.

28 June 2017

General Data Protection Regulation: how does it affect charities?

We set out the key areas charities need to consider before the General Data Protection Regulation (GDPR) replaces the current Data Protection Act.

28 June 2017

Can charities make investments?

HMRC’s revised guidance provides charities with greater flexibility when it comes to the types of investments they can make.

27 June 2017

The future of regulation in the shadow of Brexit

We look at what impact a hard or soft Brexit would have on the future of financial services regulation.