May 2024

What is a Year?

365 days (366 in a leap year), 52.143 weeks (according to HMRC), 12 Month Ends, 4 Quarter Ends, and incalculable opportunities.

This week we are celebrating one year of Clarity. And what a year it has been. But like anything good and worthwhile, this milestone, this celebration of our first year, is only the tip of the iceberg.

March 2024

It wasn't always this slick!

One of the things I’m known for in work is being organised and efficient, and whilst this is true (without blowing my own trumpet), I’d love to say it was something that comes easily to me -but the opposite is true.

Left to my own devices I would procrastinate until the cows came home or get myself in a tizzy not knowing what to do first , but a conversation with a senior manager very early in my career changed this.

He took me aside for what I thought was going to be a positive conversation, and why shouldn’t it be -I’d smashed all of my targets, my team was over-performing, and our client feedback was in the top percentile.

How wrong could I be?

June 2023

Let Us Introduce Ourselves: 
Who is Clarity?

We’re so excited to officially announce that - as of the 1st of June - we have demerged from Advantage accounting as a brand new company. So, here’s a very warm welcome to Clarity Accounting (Scotland) Limited! 

As we start out on this fresh venture, we wanted to properly introduce ourselves. So, in this first post, we’ll explain the big change, share our vision for the future, and let our valued clients know whether anything will be changing for them.

June 2023

What’s in a Name? Why We Chose Clarity

Behind the scenes, we’ve been working hard to start a new business and bring Clarity to life. Yet, one of the toughest decisions we’ve had to make along the way? Choosing our name!

A name, after all, is a huge reflection of a business’s identity and ethos. That’s why we wanted something that neatly summed up what we’re about, whilst also fitting with the core values we’ve committed to build our firm around.

It’s no big secret that we landed on ‘Clarity’. Yet, how did we get there? In this post, we’ll let you in on how we found a name to represent the true spirit of our fresh business venture. 

Oct 2023

What Type of Company is Best For Me?

Behind the scenes, we’ve been working hard to start a new business and bring Clarity to life. Yet, one of the toughest decisions we’ve had to make along the way? Choosing our name!

A name, after all, is a huge reflection of a business’s identity and ethos. That’s why we wanted something that neatly summed up what we’re about, whilst also fitting with the core values we’ve committed to build our firm around.

It’s no big secret that we landed on ‘Clarity’. Yet, how did we get there? In this post, we’ll let you in on how we found a name to represent the true spirit of our fresh business venture. 

Oct 2023

Profit and Loss Statements and Balance Sheets 

Whether you’re running a limited company or working as a sole trader, you can’t get around it; you need to keep track of your finances! So, in this post, we’ll be walking you through the backbone of your accounts; the profit and loss statement and the balance sheet. Getting your head around these accounting tools will help you monitor your business’s financial health and make strategic plans for its future success. 

Nov 2023

Don't Get Hooked In: Anti-Phishing Awareness

With cybercriminals constantly refining their tactics to trick unsuspecting victims, phishing attacks are becoming increasingly sophisticated and more difficult to spot. Just one wrong click can get even the savviest internet users caught up in a scam.

As a business owner, the consequences of a successful phishing attack can be particularly devastating. As well as financial losses, it can also lead to  reputational damage and legal implications if clients’ information is compromised.

Nov 2023

Navigating Corporation Tax Changes

In recent years, there have been multiple shake-ups to corporation tax. With rates changing - and getting more complicated - since April this year, it’s now more important than ever to understand corporation tax and how it impacts your business. 

Nov 2023

Value Added Tax

AH, VAT. Who would have thought that three little letters could be so misunderstood? People often fear Value Added Tax - and the relevant rules and regulations that come along with it. Yet, the truth is, VAT doesn’t need to be complicated - and it can actually be beneficial for your business! 

So, in this post, let’s walk through how VAT works, whether it makes sense to become VAT-registered voluntarily, and whether cash or accrual is the best system for you. 

Clarity Accounting (Scotland) Ltd
20-23 Woodside Place, Glasgow G3 7QL

Telephone: 0141 582 1214
E-mail: info@clarityaccountingscotland.co.uk

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