Author Archives: Rob Mollan

About Rob Mollan

I'm the owner and Managing Director of Mollan & Co Accountants. I'm a skilled and efficient accountant with more than 20 years of experience in the industry. I developed valuable skills in commercialisation through my work in the science and technology department at the Scottish University. Then, in 2002, I formed my own internet-based marketing company, producing and distributing 360° virtual reality tours for the Scottish tourism sector. I now use my commercial skills, expert tax knowledge and first-hand experience to help other businesses grow and flourish through strong accounting practice. Our success at Mollan & Co is directly related to the success of our clients. ← Older posts

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How to pay Corporation Tax as an SME

Posted on by Rob Mollan

As an SME business, a big annual task is paying corporation tax. It can be a complex business, with several factors to take into account when submitting your corporate tax returns. At Mollan & Co, we have over 40 years … Continue reading

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Director’s Loans: A Guide for UK Businesses

Posted on by Rob Mollan

A director’s loan can refer to both money borrowed by a director from their own company and money lent by the director to the company. These loans can be a useful financial tool for business owners, providing flexibility in managing … Continue reading

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ThreeBestRated Accountants – winners

Posted on by Rob Mollan

We are pleased to announce that we have been selected a one of the top three accountants in York. This is now the fifth year in a row we have been awarded this title,  we must be doing something right! … Continue reading

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Making Tax Digital For Landlords Explained

Posted on by Rob Mollan

Making tax digital for landlords has been on the cards for some time, and now the government has confirmed the start date for landlords and other property investors to report tax quarterly under the new system. Therefore, from 6th April … Continue reading

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Universal Credit – how does it work

Posted on by Rob Mollan

The Chancellor has announced that self-employed individuals can apply for Universal Credit in full at a rate equivalent to Statutory Sick Pay. While we are unable to apply for UC on behalf of clients we have prepared the following guidelines … Continue reading

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Payment of VAT, Self Assessment & other taxes

Posted on by Rob Mollan

VAT HMRC have deferred all VAT payments falling due between 20 March 2020 and 30 June 2020. There is no application to make, it is automatically done. They have confirmed there will be no interest or penalties providing payments are … Continue reading

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Coronavirus Business Interruption Loan Scheme (CBILS) – updated 03/04/2020

Posted on by Rob Mollan

Coronavirus Business Interruption Loan Scheme (CBILS) This scheme is designed to give businesses easier access to funding and can provide loans up to £5m with Government guaranteeing 80% of any losses suffered by the lender. More importantly, the requirement to … Continue reading

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Self-employment Income Support Scheme FAQs

Posted on by Rob Mollan

What is the scheme for? The Government have announced the Self-employment Income Support Scheme help support self-employed individuals through the current crisis. There are a few key criteria that must be met in order to access the scheme: • You … Continue reading

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Coronavirus Job Retention Scheme FAQ’s

Posted on by Rob Mollan

What is the scheme for? The Government have announced the Coronavirus Job Retention Scheme to protect employees who would otherwise have been made redundant or laid off in the current crisis. The scheme enables them to come back into the … Continue reading

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Covid -19 Government Support (as of 20th March 2020)

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We would recommend you like our FaceBook page to keep updated with new proposals to help business and individuals during this difficult time. This is updated several times a day and is the most efficient way we can communicate with … Continue reading

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