Accountancy

The number of new UK technology incorporations in Scotland rose 5% in 2024 compared to 2023 figures, in contrast to the UK data, which saw a 5% reduction in the number of new tech incorporations, according to analysis by audit, tax and consulting firm RSM UK. The data shows a total of 1,663 new tech

Scotland’s cities and sectors are emerging as key drivers of international investment, according to the latest Foreign Direct Investment (FDI) Report published by Irwin Mitchell and Wright, Johnston & Mackenzie LLP (WJM). The report highlights Scotland’s pivotal role in attracting ov

Research amongst 1,500 UK parents with children aged 0-15 years, conducted by 3Gem on behalf of Scottish Friendly, shows six out of 10 (58%) of parents are concerned their child won’t be able to afford to live independently. With over half (55%) worried that the cost of the deposit for a rente

Grant Thornton UK LLP has signed a lease for 8,500 sq ft on the eighth floor of Aurora, a recently refurbished office development at 120 Bothwell Street in Glasgow. The accounting and consulting firm will relocate from 110 Queen Street this summer, bringing Aurora’s occupancy to 96% just five

The imminent shift to real-time payroll reporting represents a transformative change for businesses, according to Wbg. Set to take effect in April 2026, the new real-time payroll reporting rules will require businesses to report income tax and Class 1A National Insurance Contributions (NICs) for mos

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