Common Questions
Frequently Asked Questions
I run an Ayr guest house or holiday let. How are the lettings taxed now?
The Furnished Holiday Let regime was abolished from April 2025, so furnished holiday lets now fall under the standard property income rules, losing the previous CGT and capital allowances advantages. We re-base the treatment correctly, capture all legitimate running costs, and advise on whether a company structure now makes sense, taking the Scottish income tax bands into account.
Do I need to be local to use you as my Ayr accountant?
No, we work with Ayr and Ayrshire clients entirely online, by phone, email, video call and secure document exchange. You get the same depth of understanding, with full awareness of Scottish income tax, without needing to visit an office. Most modern accountancy is handled remotely.
I run an Ayr hotel, restaurant or golf-tourism business. What do you provide?
Seasonal hospitality bookkeeping geared to the golf and tourist season, the right VAT treatment, payroll, tronc for tips, annual accounts and Corporation Tax if a company, plus director self-assessment, bundled into a fixed monthly fee with cloud accounting. We help smooth the seasonal cash flow for tax payments.
I run a farm or dairy business near Ayr. Can you help?
Yes, we're experienced with farming and rural businesses. We use farmers' averaging to smooth volatile profits (calculated under the Scottish bands), claim capital allowances on machinery and the Structures and Buildings Allowance on qualifying buildings, and advise on Agricultural and Business Property Relief for succession.
Do Scottish income tax rates affect my Ayr business?
Yes. Scotland sets its own income tax bands and rates, so your salary or sole-trader profits are taxed under the Scottish system, while dividends use UK-wide rates. This affects how you should structure things, and we model it specifically for Scottish taxpayers.
My seasonal Ayr business has cash-flow swings. How do you help?
We forecast the seasonal peaks and troughs, plan your tax payments around them (including Time to Pay arrangements with HMRC if needed), and structure your drawings so you don't get caught short in the off-season. Cloud accounting gives you a live view of your position.
Should my Ayr business be a Ltd company?
At profits above £40,000-£50,000 a Ltd company typically saves a few thousand a year through salary-plus-dividend structuring, plus limited liability, though the Scottish income tax bands affect the exact figure. Below £30,000 the saving rarely justifies the extra admin. We'll model both with your numbers.
I'm an Ayr landlord. What can I claim against rental income?
Repairs and maintenance, letting agent fees, landlord insurance, safety certification, mortgage interest (with the Section 24 restriction), and Replacement of Domestic Items relief. For holiday lets the post-April-2025 standard property rules now apply, and Scotland has its own landlord registration regime. We capture everything and file your return.
How do I get started?
Book a free 15-minute call via Calendly, or call our office on 020 8050 4564 or mobile 07478 645331. We work with Ayr clients fully online, handle Scottish income tax correctly, and we're experienced with tourism, hospitality, golf and farming businesses and the KA community.