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Richard Douglas-Home looks at proposed changes to the capital gains tax regime. The Office of Tax Simplification (OTS) is an independent office of the Treasury, set up in 2010 to provide advice to the government on simplifying the UK tax system. It will produce reports either on its own initiative o

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

Virgin Money, owner of Glasgow-based Clydesdale Bank, has announced a strategic partnership with Dundee-based app development company, Waracle, to support the development of its digital proposition for the new Virgin Money Business current account.

Dundee-based restructuring and insolvency specialists Dunedin Advisory has become an Employee Ownership Trust (EOT). Since making the decision to become an EOT, the firm's staff have fully engaged in the goal of strengthening and developing not only the business but their future personal develo

A six-year-old boy has spent $16,000 in the Sonic Forces game.

Deloitte has been appointed administrator of engineering firm BiFab.

Scottish private sector output fell again in November, according to the latest Royal Bank of Scotland PMI, as lockdown measures continued to take a toll on the economy. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service s

Accountancy firm BDO has backed down and agreed to repay £4.1 million of furlough money after outrage over its £137m pay out to partners. On Friday, Scottish Financial News reported that partners at the firm would receive an average of £518,000 each despite receiving furlough

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

Dundee-based restructuring and insolvency specialists Dunedin Advisory has become an Employee Ownership Trust (EOT). Since making the decision to become an EOT, the firm's staff have fully engaged in the goal of strengthening and developing not only the business but their future personal develo

Staff at Scottish kitchen design business Cameron Interiors have been given full control of their futures as it becomes the first employee-owned firm of its type in the UK. With studios in Glasgow and Edinburgh, Cameron Interiors has become renowned throughout Scotland for luxury German kitchens &nd

Neil Francis, interim managing director of Scottish Enterprise, outlines the support available to Scottish companies as the EU transition period comes to an end. The past year has been incredibly tough for businesses the length and breadth of Scotland.

Scottish Water has been awarded the Fair Tax Mark certification, for the first time, in recognition of its open and transparent approach to taxation. The organisation has also been rated as being a leader in the water sector as well as against nearly 100 other UK organisations in Business in the Com

For August to October 2020, Scotland’s employment rate estimate has risen over the quarter to 74.8%, according to the latest labour market statistics published by the Office for National Statistics (ONS) today. The ONS data also revealed that Scotland's unemployment rate estimate has fallen ov

Glasgow-headquartered intellectual property firm Lawrie IP is celebrating its tenth anniversary with an increase in turnover to around £2.7 million in the 12 months to June 2020, from £2.2m in the previous 12 months. The firm has experienced substantial growth over the decade, with an in