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Ahead of the introduction of the Employment (Allocation of Tips) Act 2023, known as the Tipping Act, in Scotland, accountant Matthew Hutton outlines the necessary steps for hospitality businesses to ensure fair distribution of tips to qualifying employees and agency workers in compliance with the ne

Scottish businesses and their employees are paying millions in extra tax for fossil fuel powered company vehicles when a switch to Electric Vehicles could save ‘breathtaking’ amounts, according to a Scottish company tax expert who will showcase the benefits at seminars being held next we

Bus company McGill’s has announced it will significantly increase the scale of its partnership with global travel tech company FlixBus this year.

J.P. Morgan Private Bank has announced it is expanding its footprint in Scotland with the addition of a new team of dedicated advisors in Edinburgh. The new team of dedicated advisors will join the existing team based in Edinburgh and will provide wealth management services to individuals, family of

In this edition of our Just A Minute Q&A series, we speak to solicitor and businesswoman Emma King, director of Complete Clarity Solicitors, Simplicity Legal, and Onwards Answering. For no identifiable reason, since no one in my family knew anyone who was a lawyer, I decided at primary

In a recent fundraising drive, Scottish Friendly employees participated in the Three Peaks Challenge and Boycott Your Bed, collectively raising £25,901 for Action for Children. Additional festive activities, including a Bake Sale and Christmas Jumper Day, were organised, alongside the donation

In January 2024 there were 88 company insolvencies registered in Scotland, 19% lower than the number in January 2023, according to The Insolvency Service. This was comprised of 34 compulsory liquidations, 46 CVLs, seven administrations and one CVA. There were no receivership appointments.

Virgin Money is bracing for a potential investor revolt as influential adviser Pensions & Investment Research Consultants (PIRC) has criticised the £2.6 million package awarded to CEO David Duffy, who has led the group since 2015 and weathered the £1.7 billion takeover by Clydes

A new survey by accountancy firm Azets has revealed that despite 58% of businesses considering succession planning, the high levels of awareness about succession are not being matched with formal planning. The latest Azets Barometer survey – which measures the opinions of business leaders acro

The total value of all homes across the UK now stands at £8.678 trillion, with Scotland showing a 1.3% increase in total value and outperforming the rest of the UK, according to new research by Savills. Faisal Choudhry, head of residential research for Savills in Scotland, said: &ldq

PwC UK has made the decision to delay the promotion of 90 junior consultants, keeping them on the graduate programme for a further six months, citing insufficient work amidst a challenging market environment. The decision specifically affects graduates who joined PwC's consulting practice in late 20

The UK economy has taken a significant hit since leaving the European Union, according to a report by Goldman Sachs.

Scotland's listed companies experienced a notable increase in profit warnings during Q4 2023, surpassing the combined warnings of the entire preceding year, as revealed by EY-Parthenon's latest Profit Warnings report. Ten profit warnings were issued in 2023, with six in Q4 alone. The number of Q4 wa

Johnston Carmichael has expanded its audit team with the appointment of Matt Kaye as new audit partner. Mr Kaye joins from a Big Four audit team, bringing nearly two decades of extensive experience advising large owner managed business clients across a variety of sectors and leading key client

Sixteen business representative groups have jointly written to the Scottish Government’s Deputy First Minister & Finance Secretary, Shona Robison MSP, to voice alarm at the Scottish Government’s consideration of a new business rate surtax and what it means for wider tax policy towar