HMRC failed to collect over £30 billion in 2021, according to new figures. Figures published by the tax authority revealed £32bn in tax went unpaid in the 2020-21 financial year. This marks 5.1% of the total that HMRC is owed.
Aberdeen-headquartered finance advisory specialists Hutcheon Mearns is opening a dedicated service hub in Norwich, offering its full services to East Anglia in response to increased demand for its finance people advisory and business advisory specialisms in the region. The continued national growth
Audit partners at Big Four accountancy firm EY are set to receive multi-million-pound payoffs if the firm implements plans to separate its audit and consulting business. In June, it emerged that EY was considering a full separation of its auditing and consulting business. According to leaked interna
Over 200 KPMG UK colleagues in Aberdeen, Edinburgh and Glasgow took part in two of the firm’s charitable ‘Big Walks’ last week in support of charity partner Marie Curie, the end-of-life charity. The Big Walks took place in Aberdeen on Thursday 16 June and Falkirk on Friday 17 June
Audit, tax and consulting firm RSM UK has appointed Richard Mackie as its new associate director in Edinburgh to strengthen its risk and governance practice in Scotland. Richard Mackie will be working as part of the risk advisory team as a specialist consultant. Richard first joined RSM in 2013, ret
The ability to plan effectively and make informed decisions has never been more crucial in these most challenging of times, according to Scottish accountancy firm EQ Accountants. For charities, this includes having effective budgeting, forecasting and cash flow management.
KPMG UK has announced its alliance with Alteryx, the analytics automation company, as part of the firm’s continued technology strategy to invest in technology to automate the firm’s solutions and help clients accelerate data-driven business transformations. KPMG and Alteryx will combine
Accountancy and business advisory firm Johnston Carmichael has bolstered its private client advisory team with three new senior appointments. Katy Burke has been appointed as director and Michael Jamieson and Roger Campbell have both been appointed as senior tax managers in the team, all working wit
KPMG UK has promoted three colleagues in its Scottish offices across key growth areas for the business. Steven Murdoch has been promoted to director within KPMG’s Deal Advisory Tax team in Glasgow. He joined KPMG as a graduate in 2007 and works closely with a range of UK and international clie
Business leaders in Scotland are voting with their feet and declining to work with clients because of their ESG credentials, but at a much lower level than across the rest of the UK, according to new research from accountancy and business advisory firm BDO. BDO’s ‘Rethinking the economy&
Scotland’s business leaders are being urged to take part in The Henderson Loggie Scottish Business Survey to share their experiences of driving business forward post-pandemic. The survey is being carried out by the research team at Aberdeen Chamber of Commerce. It aims to bring to light the re
Former Perth accountant Derek Foster, who conned HMRC out of £22,000, is facing jail for failing to pay a court compensation order of almost £19,000. Mr Foster told Perth Sheriff Court he could not prove he had paid back any money because his brother had been making payments on his
Scottish mid-tier accountancy and business advisory firm French Duncan has promoted entrepreneurial services directors Neil Robb and Marc Vosilius to partner, following significant success in this area of the business over the past few years. The two have been with the firm for six and eight years r