Search: financial focus

Couples in the middle of separating or divorcing could save themselves a major tax bill by delaying the division or sale of any shared assets by a few months, according to legal firm Gilson Gray. With less than six months until the tax year ends and ‘divorce day’ approaching in January,

Richard Hepburn, managing director at Millar & Bryce and Landmark Scotland, discusses the state of the Scottish property market. At Millar & Bryce we have witnessed increasingly regular changes to the Scottish property market, and none more so than a reduction in home completions since the r

The number of overdue invoices in Scotland has reached its highest level for this year, according to new research from insolvency and restructuring trade body R3. R3’s analysis of data provided by Creditsafe shows the number of invoices in Scotland that have gone past their payment deadline ro

Digital chemistry data and software company DeepMatter Group Plc has announced that it is considering cancelling its shares on the Alternative Investment Market (AIM) and returning to private ownership. The decision came after discussions with its major shareholders and potential institutional inves

The creator of Sonic the Hedgehog, Yuji Naka, has been arrested for alleged insider trading.

Jerba Campervans, a campervan conversion specialist, has received recognition for ethical tax conduct for the third year running. The firm remains the only automotive business to have been awarded the esteemed Fair Tax Mark accreditation – continuing to pave the way for others in its sector.

Elizabeth Holmes, the founder of Theranos, has been given a prison sentence of more than 11 years for her role in what has been dubbed as one of the "most substantial" white collar crimes in US history. Ms Holmes had falsely claimed that the technology designed by her start-up company could diagnose

Financial experts have warned the Scottish Government against introducing "less competitive rates of tax" in the wake of tax increases and spending cuts announced by Chancellor Jeremy Hunt this morning. In his first Autumn Statement, Mr Hunt extended the freeze on key allowances and thresholds, incl

Accounting and business advisory firm Wylie & Bisset has advised that the development of ‘patient capital’, together with ‘buy and build’ and ‘hub and spoke’ investment models, are making SMEs more attractive for private equity firms. Last year saw £895

Clark Contracts has secured over £30 million in new orders in October, a record month for the Paisley-based contractor. The new orders include the £8m design and build of a new industrial unit within Belgrave Logistics Park in Bellshill for Knight Property Group.

Faster reform of Scotland’s public sector is needed to protect services in the long term and improve people’s lives, according to Audit Scotland. The public body has said that the Scottish Government is facing increased costs, including a higher public sector wage bill, while the cost-of

Junior ISA investments in Scotland have soared ahead of the UK average, new data reveals. Data from Scottish Friendly’s latest Investor Index shows that the number of junior stocks and shares ISA policies opened by Scottish households in the three months to September was 27% higher than t

The start of EY's vote to split the company has been postponed as the firm's 'global framework agreement' has not been finalised yet. Voting on the proposed separation of the audit and consulting businesses, which was approved in September, was set to start this month with balloting of the big four

KPMG has settled a claim with Watchstone Group, formerly known as Quindell, for £4.95 million. Watchstone group announced the settlement yesterday in a regulatory filing. KPMG has not commented further than confirming a settlement has been reached with Watchstone Group.

Alex Tait gives his views on the impact the forthcoming Autumn Budget could have on Scotland. As businesses and individuals watch inflation reach double digits and interest rates climb to levels that many have not seen in their working lives before, what do these, along with the Westminster Autumn S