News

Accountant Iain Masterton outlines key changes to VAT rules, details why they’ve been introduced and reveals what building contractors must do to ensure they are compliant. Forthcoming legislation changes could have a major impact on any building contractor business which is registered for VAT

Aberdeen Standard Investments (ASI) has expanded its Pan European Residential Property Fund (ASPER) SICAV-RAIF with the purchase of a newly-constructed residential portfolio in Sweden. This latest acquisition diversifies the Fund’s portfolio to 27 assets in six countries and raising contracted

An annual nationwide survey by Bank of Scotland has revealed the Highlands and Islands region as the happiest place to live in the whole of Scotland.

ICO's second GDPR fine in as many days highlights the importance of due diligence in acquisitions, writes Val Surgenor. Hot on the heels of the proposed British Airways fine, the Information Commissioner’s Office (ICO) this week issued notice of its intention to serve a penalty notice (a fine)

International law firm Pinsent Masons has seen a seven per cent rise in global turnover and a slump in profit per equity partner (PEP). Unaudited figures for the year to 30 April, show gross profit increased by 2.5 per cent to £192.4 million while PEP fell for the first time in six years by fi

Housebuilder Barratt Developments has said that it expects annual profit to beat market forecasts after it delivered a record number of home completions and improved margins. In a trading update for the year ended June 30, the company said pre-tax profit would be around £910 million, up from &

An anti-corruption investigation has been launched into a zoo where officials said around £15,000 was swallowed by a gorilla.

UK advice firm Wren Sterling has announced the acquisition of Dunfermline-based independent financial planning business T D Armstrong Financial Planning Limited. Max Horne, Trudi Horne and Fraser Rowan from T D Armstrong Ltd will all join Wren Sterling.

Two new members have been appointed to the board of Scotland's tax authority, Revenue Scotland. The appointment of Jean Lindsay, a former HR director at the Forestry Commission, and Martin McEwen, currently head of tax at SSE Plc, have been confirmed by Public Finance Minister Kate Forbes.

A more stable trend is now emerging in the Scottish housing market, according to the latest results for the RICS UK Residential Market Survey.  Although anecdotal commentary from respondents remains mixed, contributors reported a rise in buyer demand whilst newly agreed sales also gained a

Following its report last November on administration of the tax, the Office of Tax Simplification (OTS) last week published its report Simplifying the Design of Inheritance which also includes recomendations for future policy. The OTS, the independent adviser to Government on simplifying the ta

Over the past three months, the average selling price in east central Scotland was £255,905, which was a 6.6 per cent increase on last year. In Edinburgh, the average selling price during this period was £272,375, a five per cent increase on last year.

Councils across England and Wales have been chosen to pilot a scheme that will help local authorities recover unpaid council tax. A total of 29 local authorities have been chosen to be part of the trial working with the DWP and HMRC to be the first to use powers introduced by the Digital Economy Act

David Booth, a newly-appointed partner with Campbell Dallas, and Shahbaz Mirza, Campbell Dallas’ digital transformation leader, have been named as rising stars in the ICAS Top 100 Young global CAs, a prestigious list of emerging talent identified by ICAS as the next leaders

Audit, tax and consulting firm RSM has announced it will sponsor the 2019 Aberdeen Standard Investments Scottish Open, which takes place for the first time at the Renaissance Club in North Berwick from today.