Chiene + Tait

Our clients are at the heart of our business and for that reason we make it our business to understand their needs. We are passionate about what we do and how we can share our knowledge and experience to ensure that our clients' financial affairs are cared for. With a heritage of over 130 years working with clients, we consider our firm to be innovative and adaptable to client needs.

For clarity, a digital link is when the VAT data required for MTD is transferred between two digital places such as software or computer devices, for example when a business digitally transfers VAT data to their accountant in order for exemptions to be calculated. It also occurs when a business retains transactions with a spreadsheet and uses a formula to calculate a total.

If you're a small business owner or entrepreneur, finance is probably one of your biggest concerns. To help businesses grow there are a range of funding sources: one is grants; typically given in the form of a cash award. However, grants from sources such as Scottish Enterprise usually come with strings attached that may include a requirement to have the grant claim reviewed by an independent accountant.

One of the key issues that we advise on is property ownership structure. We will consider your short- and long-term requirements to ensure your net return on investment is maximised whilst also realising your commercial objectives. We also advise on existing structures to ensure they continue to maximise returns.

Research & Development (R&D) tax relief is a win-win: improve your products or service, and offset the cost of doing it. One of the most generous corporation tax reliefs currently available, R&D tax relief is designed to encourage innovation and increase spending on R&D activities. You can claim back money that you spend on research and development to offset against current or future tax bills.