News

HM Revenue & Customs has come under fire from MPs over a letter that it sent out to tens of thousands of self-employed workers suggesting that they should consider remortgaging their homes or take out loans to settle huge tax bills they've been hit with relating to decades old tax arrangeme

An investor who used all their ISA allowance to invest in the UK stock market through a tracker over the last two decades could have made £162,349 after charges, according to analysis conducted by Willis Owen, the online investment service provider, to mark the 20th anniversary of the tax-free

The Scottish Government has launched a £50 million fund to help boost town centres. The Town Centre Fund, which has been set up in partnership with COSLA, is supporting councils to ensure their high streets are more diverse, sustainable and successful in the face of changing and

Last year saw a sharp rise in £1 million-plus house sales in Scotland, according to new research from property firm Rettie and Co. The estate and letting agent said it had seen strong demand at the luxury end of the market, which saw a 25 per cent increase in activity year-on-year and a total

The number of first-time buyers in Scotland has grown by more than 50 per cent in a decade, according to new research.

The Financial Conduct Authority (FCA) has today published the key findings of supervisory work to assess the effectiveness of disclosure by asset managers and intermediaries, such as wealth managers, to their retail customers.

Edinburgh-based research and development tax relief specialist Jumpstart has announced the appointment of Georgina Andrew for the new role of partner relationship manager. The Edinburgh-headquartered company has a number of existing partnership deals in place with trade and business organisations in

A mystery donor handed over €32,000 to tax collectors with a note identifying it as "conscience money". The cheque was one of several anonymous payments received by Revenue over the past three years, totalling €62,562.

1825, Standard Life Aberdeen’s wholly-owned financial planning and advice business, has today announced that it has entered into an agreement to acquire the wealth management arm of BDO Northern Ireland. Established over 25 years ago, the wealth management division has assets under advice of c

Linda Barr and Eileen Blackburn, of accountants and business advisers French Duncan LLP, have been appointed joint liquidators of Ayr-based retailer Hourstons which has ceased trading after 123 years. The business, which is no longer trading, will cease to exist from today and 70 employees will

Edinburgh-based Saracen Fund Managers has strengthened its UK equity team with the appointment of former Ignis director David Clark. He will be working closely with Scott McKenzie, current fund manager of both of Saracen’s UK funds, the TB Saracen UK Alpha and TB Saracen UK Income fu

Dundee-based investment firm Alliance Trust has today published results disclosing that it underperformed against its benchmark index last year, citing a challenging period with failing markets. The platform, which has undergone a major management and structural overhaul in recent years, saw a negat

A trio of Scotland’s most innovative and dynamic businesses have been named in a new ranking of the UK’s fastest-growing privately-owned pharmaceuticals companies.

Scottish private client law firm Turcan Connell has appointed Pete Murrin as a partner in its Glasgow office. Last year, the firm more than doubled the size of its office space in the city with a move across St Vincent Street and at the time signalled its intent to continue to grow its off

The Institute of Chartered Accountants of Scotland (ICAS) has responded to the UK government's announcement that it will introduce a new Digital Services Tax in April 2020. Westminster has said its plan is "designed as an interim response, pending global reform, to the challenges that digital busine