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Construction firms need to ensure they are ready for a major change to the way VAT is collected and be vigilant to ensure that that supplies and purchases are correctly treated, according to an accountancy specialist. Andrew Laurie, tax manager at Aberdeen-based Hall Morrice, said the change will im

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Hampden & Co has reported significant growth in deposits and lending in the first half of the year.  The Edinburgh-based bank said that deposits increased by £95 million (39%) and lending has grown by £47m (44%) within the first six months of 2019, compared to the same time

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The value of major fraud cases going through the Scottish courts has declined, according to the latest data from KPMG’s Fraud Barometer, which analyses alleged fraud worth more than £100,000. Four cases were heard in Glasgow, Edinburgh and Paisley in the first half of 2019, down from nin

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HMRC has kept its promise to adopt a light-touch approach on the imposition of fines for businesses who have failed to file on time with the shift to the new Making Tax Digital (MTD) system for VAT, according to Saffery Champness LLP. HMRC had not issued any fines for the 120,000 businesse

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A group of seven graduates have taken their first steps on the Chartered Accountancy ladder after securing posts with taxation and business advisory practice EQ Accountants LLP. (from left) Callum MacDonald, Sam Walker, Ashley Breckenridge, Andrew Kelly, Sinead Scobie, Karri Russell and Heather Leig

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