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 business and commercialisation through my work in the science and technology departments within the Scottish University sector. Then, in 2001, 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 register for MTD (Making Tax Digital)

Posted on by Rob Mollan

Tax is changing again. Making Tax Digital (MTD) is HMRC’s move to digital record keeping and software-based submissions. When you register for MTD, you must use approved accounting software to keep accurate records and file directly to HMRC.   This means … Continue reading

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Choosing the best MTD Software for your business

Posted on by Rob Mollan

Making Tax Digital (MTD) is HMRC’s move to digital record-keeping and online submissions. In practice, this means using approved accounting software to keep accurate books, send VAT or income tax updates, and reduce the risk of missed deadlines. The right … Continue reading

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Making Tax Digital for Income Tax: A Practical Guide

Posted on by Rob Mollan

The UK’s tax system is changing. Paper tax returns are being phased out and replaced by a new online system: Making Tax Digital (MTD). With MTD, you’ll need to digitise your reporting, record income and expenses using approved software, and … Continue reading

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Tax Relief on Charitable Donations in the UK

Posted on by Rob Mollan

Giving money to charity doesn’t just help a good cause, it could help reduce your tax bill. Whether you are self-employed, running a small business, or are a higher-rate taxpayer, donating to eligible charities in the UK can reward you … Continue reading

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What is s455 Tax?

Posted on by Rob Mollan

It’s not uncommon for company directors to move money between their business and personal accounts. Often, it’s done without much thought: a short-term loan to cover something, or an advance before the next dividend. The trouble is, HMRC keeps a … Continue reading

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Registering for VAT as a Sole Trader

Posted on by Rob Mollan

There are a number of benefits of registering for VAT if you’re  a sole trader  – but these can come with some added paperwork. We will take you through the logistics of VAT registration, the key benefits for sole traders, … Continue reading

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Making Tax Digital for VAT

Posted on by Rob Mollan

Making Tax Digital (MTD) is a UK government initiative designed to ease accounting processes for VAT-registered businesses. It involves transferring all tax processes – from paying and managing tax to bookkeeping, tax planning, and account management – to a digital … Continue reading

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Making Tax Digital for Landlords

Posted on by Rob Mollan

From April 2026, landlords earning over £50,000 must comply with Making Tax Digital (MTD), followed by £30,000+ earners from April 2027. Preparing early could help reduce the risk of HMRC fines, investigations, and cash flow issues that come from a … Continue reading

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Making tax digital for sole traders

Posted on by Rob Mollan

It’s vital for sole traders to be aware of when Making Tax Digital (MTD) affects them to avoid potential HMRC penalties, financial fines, and a hurried technological catch-up that could end up adding costs to your business. The transition process … Continue reading

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What is Making Tax Digital (MTD)?

Posted on by Rob Mollan

This article is regularly updated to reflect industry standards and requirements. Come back later to keep updated with Making Tax Digital developments. When handling your company’s financial processes – bookkeeping, tax planning, and others – it’s vital to be aware … Continue reading

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