Search: raise

The average inheritance tax (IHT) bill in Scotland has climbed 8.5% towards £200,000 according to the latest figures released by HMRC. For the year 2018-19, the average inheritance tax bill in the UK was £209,502. In London, the bill stood at £271,820, while in Wales it was £

Halifax has launched a new ultra-low two-year fixed-rate mortgage deal priced at 0.83%. The deal was made available to homebuyers via mortgage brokers yesterday and allows those wishing to take out a loan worth up to 60% of the value of their home.

The Scottish private sector continued on its recovery path into the third quarter, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service sector output - posted 57.5 in July

Unity Trust Bank has reported pre-tax profits of £5.2 million for the first six months of the year, up 65% on the same period in 2020. The bank has also reported an increase in total net lending of more than £68m in its half-year results.

With a brace of recent reports revealing that Scottish SMEs are optimistic about the economy, chartered accountants Wylie & Bisset is advising business owners to act now to invest in digitalisation and seek advice on available tax reliefs to enable them to exploit the business opportunities aris

Matthew Gregory, the chief executive of bus and rail firm FirstGroup has announced that he will step down from the role in September this year, The news arrives amid mounting investor criticism over the sale of two North American businesses completed earlier this year.

Barclays has posted its half-year results revealing a profit before tax of £5.0 billion, compared to the £1.3bn reported at the same time last year. The bank has reported an attributable profit of £3.8bn, against last years figure of £0.7bn.

UK house prices slipped for the first time since March with annual house price growth falling back to 10.5%, according to the latest Nationwide House Price Index.

Stocky & Dee, a luxury dog accessories firm created in Scotland in 2019 by husband and wife team Mairi and Chris Robb, is experiencing rapid growth, partly as a result of the surge in pet ownership during the pandemic. The start-up, founded from home, has thrived during lockdowns with increased

Scottish building services and construction contractor, McGill has announced that it will now accept cryptocurrency as payment for services delivered. The company has partnered with payment gateway provider, CoinGate, to accept payment in over 50 different crypto coins including Bitcoin, Ethereum, L

Harris-based family business Norserv Facilities Management has expanded to encourage more people to visit the island and boost the local economy thanks to a £90,000 funding package from Bank of Scotland.

The annual house price change in Aberdeen City and suburbs has reached 3.2%, according to the latest Housing Market Report published by Aberdeen Solicitors’ Property Centre Limited (ASPC).

Scotland’s onshore GDP is estimated to have increased by 0.9% in May as restrictions continued to ease, according to the latest figures published by Scotland's Chief Statistician. However, GDP remains 2.7% below the pre-pandemic level in February 2020.

Edinburgh office take-up increased nearly 80% in the second quarter of 2021 compared to the first three months of the year as the economy began to emerge from lockdown, according to new analysis from Knight Frank.

UK gross domestic product (GDP) is estimated to have grown by 0.8% in May 2021, according to the latest figures from the Office for National Statistics (ONS).