Insight

New regulations are now in force to protect lowest earning debtors, writes Ahsan Mustafa. An Earnings Arrestment Schedule is an effective method of diligence which puts the onus on a debtor’s employer to repay the debt through deducting the employee’s wages. Breach of an Earnings Arrestm

While much attention was focused on last week’s Spring Statement delivered by Rachel Reeves, most employers are preparing themselves for later this week when her plan to increase National Insurance Contributions (NIC), outlined in the Autumn Budget, comes into effect, writes Craig Rothnie. Whe

The financial woes at notable Scottish universities are making headlines. Faced with rising costs, including staff pension provisions and salaries and new immigration rules (responsible in part for reduced income streams), decision makers at the University of Edinburgh and University of Dundee face

Despite the Conservatives branding it an ‘emergency budget’, the Spring Statement brought very few surprises and no further tax increases, writes Alan Stewart. It was a defensive statement from Chancellor Rachel Reeves, who set out to show the Labour party was ‘on the side of worki

The UK government has initiated a public consultation to develop a new tax mechanism aimed at providing a predictable fiscal response to future oil and gas price shocks, writes Jake Landman. The consultation is part of the government’s broader strategy regarding the future of the North Sea. It

With new inheritance tax rules on the horizon and the ever-changing landscape of personal finances, ensuring one's will is up-to-date has never been more crucial for safeguarding your family's future, writes Lesley McKnight. Making a will is one of the most important things you can do to protect you

The Additional Dwelling Supplement rise is another blow to Scottish landlords, but opportunities remain in a sector which can bring rich rewards, argues Riccardo Giovanacci. The Scottish Government had another thoughtful Christmas present for landlords in the Private Rental Sector (PRS) in Dece

A recently published letter from HM Revenue and Customs (HMRC) provides insight into the interactions between HMRC and the newly established Office of Trade Sanctions Implementation (OTSI) and on investigations and enforcement of the UK’s trade sanctions regime, writes Stacy Keen. Between 2021

With a seemingly never-ending increase in legislation, entering the buy-to-let market can seem a daunting prospect, but Nicky Lloyd, head of ESPC Lettings, explains that there are long-term advantages for those willing to enter the market now. With details being revealed that rent controls will end

Roger Green discusses the pervasive skills shortages in the UK, particularly within the commercial cleaning sector, and outlines how his company, Spotless, combats these challenges through robust employee-centric initiatives. New research released in January by employment app creators Indeed Flex re

Mark Sterritt looks at the impact of the £150 million Investment Fund for Scotland in its first year, highlighting how it has supported diverse businesses across the country and addressed historical funding imbalances. While there’s no doubt that Scotland’s entrepreneurial spirit i

New moveable property reforms are due to come into force in Scotland in April, brought about in response to widespread concerns that the current legal framework was outdated and inhibited economic growth, writes Ahsan Mustafa. The Moveable Transactions (Scotland) Act 2023 was enacted on 13 June

The Labour Government’s first Budget in 14 years brought significant changes for family-owned business, writes Norma Stewart. From April 2026, the planned cap to Business Property Relief (BPR) and Agricultural Property Relief (APR) for Inheritance Tax (IHT) potentially upends decades of carefu

When accountancy and business advisory firm Johnston Carmichael further augmented its team of partners and directors team last summer, it was evident that nurturing new talent from the outset continues to prove valuable. Gillian McColgan was promoted to tax partner based in Aberdeen and Ryan Milne t

The most striking announcement from the Bank of England today is not the cut in interest rates, but the prospect of inflation rising to 3.7% this year while its forecasts show the economy continuing to flirt with recession, writes Laith Khalaf. Rising prices will not make for happy consumers who hav