Accountancy

People who use their own cars for business trips are being left out of pocket by “severely outdated” mileage rates, the Association of Taxation Technicians (ATT) has warned. Employees can be reimbursed for business travel tax-free - provided that their employer uses HMRC approved rates.

The Association of Chartered Certified Accountants (ACCA) has expressed concerns regarding the preparedness of UK local authorities to embrace the International Financial Reporting Standard (IFRS) 16, which pertains to lease accounting. Responding to a consultation on the update to the Code of Pract

While welcoming the UK government’s plans to launch more stringent initiatives to curtail the persistent problem of late payments to SMEs as a step in the right direction, Wylie & Bisset, accountants and business advisers, noted that the initiatives apply only to larger businesses with a t

Johnston Carmichael, the Association of Chartered Certified Accountants (ACCA), and Aberdeenshire Council’s Foundation Apprenticeship Team, have collaborated to launch a new qualification in accountancy. This new Foundation Apprenticeship (FA) course in accountancy, already embraced by 36

Tech enabled business critical services group AAB has unveiled significant alterations to its Glasgow-based leadership team as it gears up for further integration and expansion across its operations. Graeme Finnie, formerly managing partner of French Duncan which was acquired by AAB in April 2023, h

The directors of Tayport-based Foodmek Ltd have applied to the court to appoint insolvency specialist Shona Campbell of Henderson Loggie as liquidator.

An Aberdeen-based accountant and business advisor has scooped a prestigious UK awards double. Simon Cowie, managing partner at Infinity Partnership, has been named Practice Leader of the Year at the 2023 Accounting Excellence Awards in London.

A total of 86 graduates and apprentices are set to join KPMG’s ranks in Scotland this year, taking up roles at the firm’s offices in Aberdeen, Edinburgh, and Glasgow.

Accountancy firm Armstrong Watson, which operates in Scotland and across the North of England, has acquired financial services firm 3G Financial. 3G Financial is owned and operated by Charles Graves who decided to take a step back from advising after almost 16 years in business, and 45 years working

UK accountancy group MHA has announced a merger with Aberdeen-based Meston Reid & Co. Meston Reid & Co provides a full complement of accountancy and business advisory services for clients primarily in the North-east of Scotland.

Following Deloitte's recent announcement to cut approximately 800 jobs, concerns have intensified about the sector's prospects.

KPMG UK invited young people into its offices throughout September as part of its new initiative 'Opening Doors to Opportunity'.

Scottish accountancy firm Douglas Home & Co has expanded its agricultural team with three new recruits to its already seven-strong cohort, growing 25% in a year as it aims for UK expansion. The specialist division has, led by director and head of advisory Victoria Ivinson, also achieved a 1

Accountancy and business advisory firm Armstrong Watson, which has offices in Scotland and the North of England, has relocated its headquarters to a newly constructed purpose-built site. The move to James Watson House, in Rosehill, Carlisle, signifies a substantial investment, uniting over 180 colle

Accountants and financial professionals have shown optimism about the role of digital technology, including artificial intelligence (AI), in transforming their industry, according to the ACCA's (Association of Chartered Certified Accountants) Digital Horizons report.