Accountancy

HMRC has revealed that more than one million customers filed their late tax returns in February – taking advantage of the extra time to complete their Self Assessment without facing a penalty. About 12.2 million customers were expected to file a return for the 2020/21 tax year and more than 11

Accountancy and business advisory firm Johnston Carmichael has published its annual results for the financial year ending 31 May 2021, showing growth despite the challenges of the pandemic. Compared with the previous financial year when profitability was adversely impacted by COVID, turnover rose by

Tom MacLennan, Callum Carmichael and Michelle Elliot, partners with FRP Advisory, have been appointed joint administrators of one of the UK’s largest producers and processors of fish and seafood, Dawnfresh Holdings Limited, Dawnfresh Seafoods Limited and R R Spink & Sons (Arbroath) Limited

PwC Canada has been fined over $900,000 by Canadian and US accounting regulators over exam cheating involving 1,100 of its auditors. The Canadian Public Accountability Board and the US Public Company Accounting Oversight Board found that PwC had failed to notice that staff were sharing answers in ex

Aberdeen-based financial advisory firm McHardy Financial has appointed Jonathan Craig as financial planning director. Mr Craig’s appointment grows the firm's workforce to 53 across Scottish offices in the Granite City, Edinburgh, Perth, Kirkcaldy and Galashiels.

Dundee-based Alliance Trust has announced a 32.5% dividend increase as it revealed strong full-year results for 2021. In 2021, the company's total shareholder return amounted to 16.5%, while its NAV total return stood at 18.6%. The company's benchmark index returned 19.6%.

Ahead of Scottish Apprenticeship Week next month (7-11 March), new research from Grant Thornton shows that Scotland’s mid-market is increasingly making use of apprenticeships as a means of upskilling their people at all levels. With job vacancies and resignations at record highs, Grant Thornt

Accountancy and business advisory firm BDO LLP has announced three new hires in its Scottish tax practice. David McComb has been named as a tax director in the team and brings more than two decades of experience advising entrepreneurial companies and supporting their growth. His expertise includes a

Former Prime Minister and Chancellor of the Exchequer Gordon Brown has been honoured for his outstanding contribution to the field of taxation by the Chartered Institute of Taxation (CIOT). Mr Brown has been awarded an Honorary Fellowship of the Institute. This award is a mark of excellence bestowed

Accountancy firm Azets has promoted Frazer Nicol, who is head of the corporate tax team in Aberdeen, to partner just six months after joining the firm as a tax director. His promotion to partner is effective from 1st March 2022.

The number of alleged fraud cases reported in the media being heard in Scottish courts rose dramatically last year, according to KPMG UK’s latest Fraud Barometer.

The joint development of a first-of-its-kind suite of artificial intelligence (AI) tax analysis tools for the UK has been announced by KPMG UK and Blue J. Blue J is the leading provider of predictive analysis tools for tax positions in North America and KPMG will be its first alliance partner in Eur

New analysis from Grant Thornton has revealed that overseas interest was a significant force in deal activity in the UK retail sector in 2021, with overseas acquirors present in 43% of deals across the year, the highest level of activity seen in a decade.

Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has announced the appointment of Rob Jarvis as HR director, based in the business’ London office. Mr Jarvis has significant experience in the HR arena, having held senior leadership positions within the pri

A partnership agreement to establish two Green Freeports in Scotland has been reached between Scottish and UK Ministers. Following robust discussions in recent months, both governments have agreed: