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UK taxpayers can start managing their tax affairs online after the formal launch of personal accounts by HM Revenue and Customs (HMRC). By mid-December more than a million taxpayers completing their self-assessment will have been directed to their online personal tax account, HMRC said as it set out

November saw footfall numbers in Scotland were down 4.2 per cent year-on-year, and significantly down on the 0.6 per cent fall registered in October. The Scottish Retail Consortium (SRC) attributed the worst footfall performance since January 2013, wcich was also well below the three-month average r

John Swinney Finance secretary John Swinney has warned Scotland faces “tough choices” in the wake of UK austerity, ahead of the Scottish Government’s Budget on Wednesday.

For the second time in three months, business activity in Scotland’s private sector contracted during November as a result of a downturn in the oil and gas industry. According to the latest Bank of Scotland purchasing managers index (PMI), a fall was also indicated in incoming new orders, with pan

Developers have submitted plans for the first phase of a £700 million new district which will see a business park complete with homes, offices and shops built at Edinburgh Airport.

Standard Life Investments is to stop all trail commission paid to advisers across its UK Mutual Funds range. The move has been branded “scandalous” and “obscene”, by some advisers.

Peppermint Technology, the legal and dispute management technology provider, has received investment from Glasgow-based venture capital Scottish Equity Partners (SEP) to accelerate its growth. Peppermint currently has more than 5,000 users within legal and dispute management firms across the UK.

Martin Gill Business confidence in the future of the UK economy is hovering just above the long term trend, according to the latest Business Trends Report by accountants BDO.

Sir Thomas Sutherland Aberdeen University has launched a new scholarship to honour the man behind the success of one of the world’s biggest banks.

Scottish private equity firm Maven Capital Partners, along with partners Mobeus Equity Partners, have sold their investment in Westway Services -a provider of facility solutions to the built environment. The sale to US-based ABM has generated a 6.8x total return on the original investment for Maven

Royal Courts of Justice Holder’s of high-yield Lloyds bonds issued at the time of the financial crisis have been ordered by a court to sell them after agreeing that the lender had made a mistake.

New figures published by the Office of National Statistics show a new record output from the Scottish construction industry over the 12 months to September this year, rising to over £14 billion. This compares to a previous record output of more than £13 billion over the 12 months to June. Commenti

As the price of Brent crude fell below $40 this week for the first time since the financial crisis, global accountants KPMG have branded the crashing value of the commodity "the nightmare before Christmas". KPMG says some companies are running out of options other than shutting down oil fields earli

Donald Trump Donald Trump has been dropped as a business ambassador for Scotland by First Minister Nicola Sturgeon and stripped by of an honorary degree previously bestowed by Aberdeen's Robert Gordon University.

Good progress is being made with implementing Scotland's new devolved financial powers, according to Audit Scotland. The spending watchdog said Revenue Scotland - which was set up to administer the new devolved taxes - had successfully delivered both the Land and Buildings Transaction Tax (LBTT) and