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An English bar owner who refused to pay VAT on his 'super juices' by claiming they should be classed as food, has won a five-year legal battle with HMRC.

A rare firearm which was made for the Indian prince Maharajah Duleep Signh, the last Sikh ruler of the Punjab, is due to go on sale this week.

Business confidence in Scotland fell 10 points during November to -38%, however, the prospect of a COVID-19 vaccine offers hope, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

The largest 100 companies in the UK paid just £84 billion in tax last year, the equivalent to just over £1 in every £10 received by HMRC, according to an annual survey by PwC.

The Financial Reporting Council (FRC) has launched a consultation on the proposed revision of its review standard for interim financial statements, International Standard for Review Engagement (UK) 2410 (ISRE (UK) 2410) Review of Interim Financial Information Performed by the Independent Auditor of

First Minister Nicola Sturgeon has announced two new incentives to increase apprenticeships and create opportunities for young people, including a £25 million support package. Recognising the challenging circumstances for employers as a result of coronavirus, and the impact on opportunities fo

The Chartered Institute of Taxation’s (CIOT) Low Incomes Tax Reform Group (LITRG) is warning that some of the lowest paid workers stand to benefit the least from the Scottish Government’s new £500 bonus payment to NHS and care workers if the payment is taxed. First Minister Nicola

The coronavirus pandemic has spurred widespread business innovation across the UK according to a new survey from the Institute of Directors (IoD), however, the organisation has warned that action from the UK Government is needed to maintain the momentum.

New data from Barclays released today reveals that there has been a 20% surge in business scams in the past five months, with thousands of SMEs across the UK falling victim to highly sophisticated and targeted scam tactics.

Aberdeen-based drilling firm MRDS Group has announced the appointment of Craig Yeoman as finance director. With nearly 30 years’ commercial, corporate finance and banking experience, Me Yeoman is well known across the UK and international industry landscape, having previously held positions wi

Aberdeen Standard Investments (ASI) has launched a new MyFolio Sustainable Fund range offering investors access to five risk graded, multi-asset portfolios that aim to do ‘more good and less harm’. The ASI MyFolio Sustainable range offers five funds with different expected combinations o

New research commissioned by the Financial Reporting Council (FRC) has shown that the development of standards for audit committees would support a more consistent approach to promoting audit quality. The research, conducted by YouGov, involved interviews with Audit Committee Chairs (ACCs) on how th

Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, is offering entry to a prize draw with £500 of bitcoin up for grabs to anyone who sends a photo or a selfie with the Zumo logo.

activpayroll, the global payroll and tax compliance specialist headquartered in Aberdeen, has broadened its portfolio of services by launching global HR services. The firm has said it is delighted to expand into the HR arena and the newly-launched global HR services capability currently stretches ou

Job hunting in some pockets of the Scottish financial sector has become ten times more competitive due to the impact of the pandemic and the evolving needs of businesses, according to Edinburgh-based financial recruitment firm Core-Asset Consulting. The firm predicts an ever-growing pool of applican