Nicolson Accountancy - what we do

People-first accounting

Businesses are just like people – they come in all shapes and sizes. As such Nicolson deliver an accounting service perfectly designed for you and your business.

Nicolson Accountancy - putting clients first

People-first accounting

Businesses are just like people – they come in all shapes and sizes. As such Nicolson deliver an accounting service perfectly designed for you and your business.

Nicolson Accountancy - for the taxpayer

People-first accounting

Businesses are just like people – they come in all shapes and sizes. As such Nicolson deliver an accounting service perfectly designed for you and your business.

Nicolson Accountancy are an award-winning accountancy firm based in Glasgow, who act for over 2,000 clients across the UK and throughout Europe and the USA.

Clients range from single person business to international companies turning over in excess of £100m.

 

Nicolson specialisms

What we do

Nicolson Accountancy go way beyond the usual range of services, and can also provide an extended range of services to individuals and businesses that you may not expect.

Nicolson Accountancy - our range of services
Nicolson Accountancy - for the taxpayer

Nicolson banking

Powered by Tide, no monthly or annual fees, we take a tiny fee when you move money between accounts or move cash – FREE for your first year.

Nicolson Accountancy - not you usual accountants

Nicolson knowledge

Not every business works from a desk and even less 9 to 5, Nicolson everywhere accounting fits into your working life. Access your accounts from your smartphone, tablet or desk.

Switch to Nicolson

From time to time you may decide it is in your best interests to switch accountants. This guide outlines the basic steps involved and the likely time it will take to join Nicolson Accountancy.

Nicolson Accountancy - here for you
Nicolson Accountancy - meet our people

Nicolson team

From a judo expert to a part-time semi-professional dog walker, 50 year old surfer to an aspiring Vanessa-Mae, meet the individuals…

27 October 2020

JSS – the new Job Support Scheme

Key points of the new JSS

!!! As at 27 October, in Scotland, you will only qualify for JSS Closed if the area is in Tier 4 (which is Tier 3 in England).

Angus Nicolson

8 July 2020

SEISS checks by HMRC

If you claimed a covid-19 grant, then you can expect that the SEISS checks (Self-Employment Income Support Scheme) will apply to you. Although it was easy to claim and qualify, you need to assume that HMRC will be checking claims next year.
The checks will be anti-fraud measures and checks on eligibility, so what records do you need to back up your claim?

Angus Nicolson

11 June 2020

Termination payment to a director

A termination payment to a director may become part of your tax planning in these difficult times, if your business has to close.

You be aware that the most tax-efficient method of getting the money out of your company when it closes down is to wind it up and take its cash and other assets.  That way the maximum rate of tax on what you receive is 10%, assuming that capital gains tax (CGT) entrepreneurs’ relief (ER) applies. This is true but it overlooks what you might be entitled to receive entirely tax free

Angus Nicolson

30 May 2020

Local Authority Grants – tax treatment

Under the coronavirus special measures, local authority grants can help businesses with Small Business Grant Fund (SBGF) and Retail, Hospitality and Leisure Grant Fund (RHLGF) payments. If your business receives such a grant must it pay tax on it?

Angus Nicolson

Glasgow
31 Lynedoch St.
G3 6EF

Kilmarnock
71 King Street
KA1 1PT

Stornoway
49-50 Bayhead
HS1 2DZ

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