Accountancy

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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

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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

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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

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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

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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

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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.

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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.

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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

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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)

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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

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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

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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

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