Farries Kirk & McVean

Farries Kirk & McVean Farries, Kirk & McVean are an accountancy firm based in Dumfries that has become one of the leading independent Chartered Accountants in Southwest Scotland

Financial help for starting primary school 🎒Families across Scotland can now apply for over £330 to help with the costs ...
02/06/2026

Financial help for starting primary school 🎒

Families across Scotland can now apply for over £330 to help with the costs of preparing for primary school, as applications for Best Start Grant School Age Payment open.

The payment, unique to Scotland, is available to eligible families with children born between 1 March 2021 and 28 February 2022. It is designed to ease the financial pressures that come with a child starting primary one and can be spent on anything families need – from clothes and stationery to school trips.

Whether a family can receive the payment depends on the child’s age and when they are first old enough to start primary school, typically between 4 and 5 years.

Read more > https://tinyurl.com/msxf8u37

Government Gateway changes 🌐Going forward, users of HMRC’s online services will have to create a Gov.UK One Login. Exist...
01/06/2026

Government Gateway changes 🌐

Going forward, users of HMRC’s online services will have to create a Gov.UK One Login.

Existing Government Gateway users are not affected by this change, although the government plans to migrate them to the new login by the end of 2027.

You'll find all the latest news from Farries Kirk and McVean in our Client Briefing 👉 https://tinyurl.com/b92sn8ez

First Homes Fund open by end of June 🔑The first round of applications for a First Homes Fund will open by the end of Jun...
29/05/2026

First Homes Fund open by end of June 🔑

The first round of applications for a First Homes Fund will open by the end of June, providing first-time buyers with a £10,000 contribution towards a deposit on their first home.

The shared-equity scheme will be open to all prospective owners looking to make their first step on to the property ladder, with a limit of £300,000 on the value of the property purchased.

It is expected the first phase of the fund will support 2,000 households over the first 100 days of this Government and 50,000 over the course of this Parliament.

Read more > https://tinyurl.com/4jhjr9ek

Loans to participatorsThe charge when a participator has an outstanding loan with a close company has increased by two p...
27/05/2026

Loans to participators

The charge when a participator has an outstanding loan with a close company has increased by two percentage points to 35.75%.

Broadly, a participator is a company shareholder, and a close company is one controlled by five or fewer participators.

More news and analysis in our Client Briefing 👉 https://tinyurl.com/b92sn8ez

Our services | Bureau 💈We'll keep your financial records organised, accurate, and fully up to date.You'll get straightfo...
26/05/2026

Our services | Bureau 💈

We'll keep your financial records organised, accurate, and fully up to date.

You'll get straightforward monthly management accounts for real insight into your business performance.

With the numbers taken care of, you can focus on your customers.

Here’s how we help:

✔️ Easy-to-understand reporting every month
✔️ Accurate figures to support smarter planning and decision-making
✔️ Well-maintained records that support compliance and client confidence
✔️ Stronger optics on profits, trends, and growth opportunities

💬 Talk to our team today: https://fkmcv.co.uk/contact/
01387 252127

HMRC’s cryptoasset disclosureDespite running for over two years, HMRC’s cryptoasset disclosure service has generated jus...
25/05/2026

HMRC’s cryptoasset disclosure

Despite running for over two years, HMRC’s cryptoasset disclosure service has generated just over £4 million.

Most crypto gains are subject to CGT, and HMRC believes that many investors have failed to report gains when cryptoassets are sold or gifted.

More news stories in our April/May Client Briefing.

Read it here 👉 https://tinyurl.com/b92sn8ez

Company car tax rises 🚘The new tax year has brought increases across the board for company car tax bands, expected to af...
21/05/2026

Company car tax rises 🚘

The new tax year has brought increases across the board for company car tax bands, expected to affect around 700,000 employees.

The rate for electric vehicles (EVs) goes up from 3% to 4%, with standard petrol and diesel rates each increasing by one percentage point, based on emissions.

The top 37% rate has been frozen until 5 April 2028. Fuel benefit charges for cars and vans are subject to CPI increases for the tax year.

More News in Brief in our Client Briefing 👉 https://tinyurl.com/b92sn8ez

🏘️ UK House Price Index Scotland: March 2026🛋️ The average price of a property in Dumfries and Galloway was £160,570 in ...
21/05/2026

🏘️ UK House Price Index Scotland: March 2026

🛋️ The average price of a property in Dumfries and Galloway was £160,570 in March 2025 and £165,597 in March 2026, a difference of 3.1%

🛏️ The average price of a property in Scotland was £187,000

🚪 The annual price change of a property in Scotland was 1.6%

🪴 The monthly price change of a property in Scotland was -0.2%

🧱 The index figure for Scotland (January 2023 = 100) was 106.6

Read the HM Land Registry report in full 👉 https://tinyurl.com/e495wams

P&L filing shake-up shelvedThe requirement for micro entities and small companies to file a profit and loss (P&L)  accou...
19/05/2026

P&L filing shake-up shelved

The requirement for micro entities and small companies to file a profit and loss (P&L) account with Companies House has been postponed.

Read on in our April/May Client Briefing ➡️ https://tinyurl.com/b92sn8ez

Our Services | Audit & Assurance 🧐As registered auditors, we'll paint a clear picture of your business finances, boostin...
18/05/2026

Our Services | Audit & Assurance 🧐

As registered auditors, we'll paint a clear picture of your business finances, boosting your decision-making confidence.

We'll examine financial statements and accounting systems to identify potential risks, strengthen compliance, and uncover any room for improvement.

We plainly explain our findings with no jargon, so that you understand what they mean for your business and the practical actions you can take.

Get in touch today to see how we can support your business.

https://fkmcv.co.uk/contact/
01387 252127

Address

Dumfries Enterprise Park
Dumfries
DG13SJ

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

01387 252127

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