Douglas Home & Co

We are delighted to announce that from 1 May 2024 we will be merging with EQ Accountants - https://www.douglashomeandco.co.uk/douglas-home-and-co-merges-with-eq-accountants/

Are you looking for an accountant in Edinburgh? Douglas Home & Co are leading chartered accountants and tax advisors with seven offices across Scotland and Northern England.
https://www.douglashomeandco.co.uk/chartered-accountants-edinburgh/ read less

Have you ever felt like payroll was a mountain too big to climb? ⛰️
With all the calculations, paperwork, and regulations involved, it can feel like an uphill battle. But don't worry – our team of experienced accountants are here to help you.
With our guidance, you can rest assured that your payroll is in good hands!
To find out more about our services, click the following link:
https://www.douglashomeandco.co.uk/services/business-compliance-services/payroll-services/

How can you ensure the legacy of your agricultural business?
In agriculture, a thriving legacy requires thoughtful planning. Succession planning isn't a sign of imminent retirement; it's the process of preparing the farm and successors for a smooth and tax-efficient transition when the time is right.
Here are some key steps to cultivate your business's legacy:
1️⃣Start Early: Begin the conversation and planning process sooner rather than later; don't bury your head in the sand.
2️⃣ Discussions with family: Talk openly and honestly with family members about their roles and aspirations in the business so you gain a deeper understanding of the possibilities.
3️⃣Tax Implications: Understand the tax implications of succession and implement strategies to minimise tax liability.
4️⃣ Professional Guidance: Reach out for professional guidance to ensure all bases are covered.
If you are feeling a bit overwhelmed by the idea of succession planning, reach out to our experts, who can guide you through this process!
https://www.douglashomeandco.co.uk/services/tax-planning/succession-planning/

Are you a Trustee? Do you understand the responsibilities of being a Trustee?
To ensure compliance with anti-money laundering legislation, HMRC implemented strict regulations on October 6, 2020. These rules require almost all Trusts in the UK, including non-UK Trusts with interest in land, property, or businesses, to register with the Trust Registration Service. Registering is compulsory, even if the Trust does not have any tax liabilities.
🔗Learn more about the responsibilities of a Trustee in our latest blog