The average inheritance tax bill will rise to £266,000 this year, as surging inflation tips more homeowners over the threshold, according to new analysis by investment service Wealth Club. Wealth Club has revealed that in this financial year, the average bill for a family hit by inheritance ta
Search: raise
Tax-raising and immigration powers should be devolved to Scotland's three largest cities, alongside an overhaul of business rates and major investment in connectivity, according to a new report. A major academic study commissioned by Brodies LLP, Anderson Anderson & Brown and Aberdeen, Glasgow a
The Financial Conduct Authority (FCA) has urged Facebook to take action on scam investment adverts following a rise in fraud attacks on social media platforms. Nikhil Rathi, chief executive of the FCA, listed Facebook’s owner Meta and Twitter as companies that must accelerate their crackdown o
Scottish average property prices increased by nearly 10% in 2021, led by rises in the cost of larger homes, according to an analysis of the latest data by property firm DJ Alexander Ltd. DJ Alexander Ltd said that between January 2021 and December 2021 average property prices in Scotland rose by 9.5
abrdn has reported a 6% rise in profits before tax with figures reaching £1.15 billion in 2021. Adjusted operating profits rose to £323m, an increase of 47% from the £219m reported in 2020. Total assets under management and administration also increased by 1% to £542bn.
Scotland's onshore GDP fell by 0.4 per cent in December amid the rise of the Omicron variant, new figures show. Output remained above the pre-pandemic level of February 2020, by 0.1 per cent, according to the latest data from the Chief Statistician.
Scottish Financial Enterprise (SFE) has seen its membership grow by 15% in 2021, with the organisation seeing 12 new members join its ranks. The rise takes the total number of members to 92.
UK banks have withdrawn mortgages charging below 1% interest have after banks increased their lending costs in the wake of last week's rate rise.
Fife-based retinal imaging company epipole is set to grow its presence within the global ophthalmic imaging market after raising £1.3 million in new investment. The company’s handheld epiCam enables clinicians to record epiStreams - scans of the retina using real-time video - from which
RSM UK, the UK's seventh-largest accountancy firm, paid out extra bonuses to its staff last year as it benefitted from a rise in revenue and profits after nabbing audit customers from its Big Four rivals. Bosses at RSM were concerned at the beginning of the COVID-19 pandemic but revealed that by the
Pre-tax profits at Ledingham Chalmers have risen to £4 million, up from last year’s £3.6m. Turnover in the latest period totalled £12.3m, down from £12.7m the year before.
Inverclyde’s largest independently owned property firm Bowman Rebecchi has celebrated two years in business with a substantial rise in revenues, expansion into residential letting, an office expansion, further recruitment and a sustained drive into the out-of-home advertising market. The Gouro
Raeburn Christie Clark and Wallace (RCCW) has reported a 40% rise in demand for rural homes. The firm said it had sold around £170 million-worth of properties in the year to July 31, £110m of which involved rural homes.
The average Scottish house price stood at a record £211,029 in August, with a rise of £3,685, or just under 2% in the month, according to the latest Scottish House Price Index from Walker Fraser Steele.
Demand for tech professionals in Scotland increased by 25% in six months – far exceeding the pace of the 10% rise seen in the rest of the UK – according to the latest UK Tech Talent Tracker from professional services company Accenture. It is the first time the tech job market has gr
