A company that benefited from unlawful tax exemptions and was ordered to pay over £1 million to HM Revenue and Customs has lost an appeal challenging a payment order made to that effect. John Gunn and Sons Ltd argued that they should only have to pay the amount which represented the
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Up to 25% of the 50,000 jobs in Scotland's pubs and bars sector could be lost as businesses face unprecedented challenges in the wake of COVID-19, according to a new survey released by the Scottish Licensed Trade Association (SLTA) and sponsored by KPMG.
Law firm Shepherd and Wedderburn has reported two per cent turnover growth to £56.9 million in the year to April 30, 2020, with profits before partner distributions down 1.7 per cent to £22.4 million. Shepherd and Wedderburn’s clean energy group reported record revenues during
Shire Housing Association has obtained a £10.5 million funding package from Royal Bank of Scotland to refinance existing debt, enable future expansion plans and enhance existing office and tenant facilities.
Savers in their mid-40s and younger will have to wait a further two years to access their private pensions, it emerged last night.
The Scottish Government's postponement of non-domestic rates revaluation by a year to April 2023 will push more businesses over the edge in the absence of urgent measures to tackle the appeals backlog, property experts are warning. Announced in Tuesday's Programme for Government 2020-21, the move al
The accountancy failures surrounding the collapse of Carillion are costing other firms with government contracts millions of pounds in annual audit fees.
The culture and heritage sectors are to benefit from a £59 million funding package from the Scottish Government to protect jobs and help the industry weather the effects of the coronavirus pandemic. A new £15m Culture Organisations and Venues Recovery Fund will provide critical sup
Five members of Deloitte's Scotland team have been included in the ICAS Top 100 Young Chartered Accountants list, which celebrates and recognises 100 inspiring individuals working in the world of accounting, finance, and business. This year’s list names eight young Deloitte professionals,
FRP Advisory has posted a 16% rise in annual revenue and maiden dividend of 0.66p a share despite the economic uncertainty of the coronavirus pandemic. FRP is a spin-out of VANTIS, the former Aim-listed accountancy firm which went into administration in 2010.
Glasgow Credit Union scooped the award for Best Credit Union (North) at last night’s national UK Consumer Credit Awards.
Scotland’s specialist rural enterprise support organisation GrowBiz, has launched a comprehensive directory of the country’s rural and island businesses in a bid to support and promote the rural economy. Rural micro-enterprises across Scotland are being encouraged to sign up to acc
Scotland’s commercial property sales have suffered the worst quarter in a decade, according to The Scottish Property Federation’s (SPF) analysis of the latest commercial property sales figures from the Registers of Scotland.
Alan Hamilton, corporate finance director at Johnston Carmichael, has called on businesses to review their funding requirements ahead of a “perfect storm” of liquidity challenges, as government support for businesses adversely impacted by COVID-19 starts to unwind. The government-ba
Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has today announced the launch of its first crowdfunding campaign with Seedrs in its bid to bring the benefits of cryptocurrencies to the mass market. The campaign is now live and accessible via the Seedrs website. It allows user
