Jim Burberry, RSM's head of VAT and indirect tax in Scotland, discusses the impact of the devolution of VAT in Scotland. The SNP’s election manifesto makes a commitment to ‘Strengthening of Scotland’s tax powers with the devolution of VAT’ (page 47).
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Edinburgh-based technology startup Stellar Omada has reported revenue of £10.1 million and pre-tax profits of £1.4 m for the year to 31st December 2020. The firm has also appointed Royston Hoggarth as its first chair. He heads the board at a number of other UK tech companies including In
EY: Businesses shun litigation for conciliation amid pandemic, rise in legal claims in 2021 expected
UK businesses have avoided using litigation to resolve commercial disputes during the COVID-19 pandemic, instead turning to negotiation and mediation, according to new research by EY. The research suggests that UK companies have heeded official guidance, released by the Cabinet Office in May 2020, w
Businesses in Scotland are at a crossroads as they take stock of the damage caused by the pandemic and face significant hurdles on the way to economic recovery, according to a leading quarterly survey led by the Scottish Chambers of Commerce (SCC). The SCC’s Quarterly Economic Indicator (QEI)
UK listings experienced a very strong start to the year with more funds raised in the opening quarter of 2021 than in any other opening quarter since 2007, and the most raised in a single quarter since 2014, according to the latest EY IPO Eye.
Deloitte’s UK CFO Survey Q1 2021 released today reports a record level of business optimism amongst the UK’s finance leaders.
Two of the best-known legal names in the north-east have joined forces to launch a new law practice – and say they are already seeing interest from locals interested in the new offering. Esson & Aberdein will be led by Joni Esson, who spent more than 10 years at Stronachs, and Rob Aberdein
Clyde Munro Dental Group has secured a £10 million funding package from Investec that will help it consolidate its place as the dominant firm of its type in Scotland. The cash injection is enabling Glasgow-based Clyde Munro to exceed a milestone of 50 practices owned in the coming weeks - with
The UK Government has extended temporary insolvency measures providing further support to businesses during the pandemic.
Full impact of Brexit likely to intensify as Scotland emerges from pandemic, says Holyrood Committee
The Scottish Parliament’s Culture, Tourism, Europe and External Affairs Committee has stated that the societal and economic impact of Brexit is likely to intensify as Scotland begins to emerge from the COVID-19 pandemic.
Eleven high-growth UK technology companies have secured a place on the Addleshaw Goddard (AG) Elevate programme, a unique fast-track legal mentoring scheme for early-stage businesses. Designed and delivered by leading lawyers at Addleshaw Goddard, successful candidates will now be assigned to a
Andrew Aldridge, partner at Deepbridge Capital, discusses how investments in life sciences can be appealing to many investors as the COVID-19 vaccinations roll out globally. The past twelve months have showcased the importance of medical developments like never before. Innovation in the life s
The board of the Aberdeen Smaller Companies Income Trust, a fund managed by Aberdeen Standard Investments (ASI) has published its annual results for the year ended 31 December 2020 in what the firm has labelled an "extremely challenging year". The trust's board said the £70 million trust had d
Michael Reid, managing partner Meston Reid & Co, discusses the next steps a personal services company (PSC) can take in relation to the introduction of the IR35 rule. For many years in the North East of Scotland, the personal service company (PSC), otherwise referred to as a one-man company, has
Murray International Trust Plc, a fund managed by Aberdeen Standard Investments, has posted positive annual results despite the economic upheaval of the coronavirus pandemic. The company's net asset value (NAV) posted a total return of 0.9%, although this is down from 12.4% in 2019. However, the fir
