Accountancy

The North-east of Scotland's finance, tax, and accountancy firms are set to be celebrated at the inaugural Finance & Accountancy Business (FAB) Awards. The event celebrating trailblazers and top performers who are driving the region's financial sector forward, will be held at Aberdeen’s Un

Business owners and shareholders planning to gift shares to their children because of impending inheritance tax (IHT) changes have been urged by accountancy firm Azets to press the pause button and avoid rash decisions they may regret. Changes to the IHT relief available for assets qualifying for Bu

Accountants and business advisers CT has announced a new strategic partnership between its CT: Evolve team and Smart IT which aims to progress digital transformation for UK businesses. Through the new alliance, the two companies will work collaboratively with clients that can be best supported throu

KPMG UK has appointed Natalie Macfadyen to lead the firm’s Aberdeen office. Ms Macfadyen, an R&D tax specialist, will oversee a team of 100 people at KPMG’s 1 Marischal Square premises in Aberdeen.

HMRC collected a record £6.3 billion in inheritance tax over the nine months to the end of December 2024, according to new figures. Inheritance tax receipts reached £6.3bn from 5 April to 31 December 2024, marking an 11%increase on the £5.7bn received in the same period in 2023.

AAB has pushed past the £100 million revenue mark with its acquisition of Ormsby & Rhodes, one of the longest-established firms in Ireland, strengthening its international presence and access to the European market. Ormsby & Rhodes was established in 1911 and is consistently ranked in

A Scottish business tax adviser has warned that hundreds of thousands of Scottish businesses are unprepared for new real-time payroll reporting rules set to take effect in April 2026. The changes, which will require businesses to report income tax and Class 1A National Insurance Contributions (NICs)

EQ Accountants has welcomed a record 14 new graduates and trainees in 2024, after receiving over 150 applications – more than six times the usual number. This brings the total number of graduates currently studying at the firm to 47. The surge reflects a growing trend among young people to fav

The gender pay gap across UK financial services boardrooms decreased five percentage points between 2019 and 2023, from 30% to 25%, according to the latest EY European Financial Services Boardroom Monitor.

CT has announced the sudden passing of long-serving colleague Moira McMillan, and paid tribute to her life and work. Ms McMillan grew up in East Lothian and attended Ross High School in Tranent. She started her accountancy career with Ersnt & Young in London as a personal tax adviser before join

Upcoming changes to lease accounting standards are set to impact all businesses when they come into force, introducing new complexities for property owners, leaseholders and lenders alike, Henderson Loggie has warned. In addition, businesses are being advised to prepare for changes which will raise

Dundee-based accountancy firm Ashton McGill has announced the launch of its ACCA training programme. The substantial investment will support two business management or accounting graduates to achieve their chartered status through a unique and bespoke programme.

The Institute of Chartered Accountants of Scotland (ICAS) marks its 170th anniversary this month, celebrating its position as the world's oldest professional body for chartered accountants. Since its founding by Royal Charter in 1854, ICAS has played a pivotal role in shaping the global accounting p

BDO LLP has strengthened its Scottish team with the appointment of Stuart Macdougall CA as an audit partner. Mr Macdougall brings 20 years’ experience of working with entrepreneurs, private-equity-backed companies and large international groups. He also has significant ESG expertise and will b

Ellon-based Phil Anderson Financial Services has opened a new office in Wilmslow, Cheshire, further expanding its England presence. The Wilmslow office marks another milestone in the firm’s growth journey, following the establishment of its Wetherby, Yorkshire office just over two years ago.