The Institute of Chartered Accountants of Scotland (ICAS) has called on advisers to help voluntarily sign up their clients to the UK Goverment's new Making Tax Digital (MTD) system to avoid issues caused by automatic enrolment. So far, more than 436,000 sole traders and landlords have successfully s
Accountancy
Interpath have been appointed as the joint administrators for Strathmore Hotels after it fell into administration. Alistair McAlinden and James Dewar stated that the companies will continue to trade as they review options for the business moving forward and they confirmed that all 410 employees will
Scotland generated a record £98.3 billion in revenue during 2025-26: an annual increase of £6.3 billion (6.9%), according to the Scottish Government. The revenue per person in Scotland at £17,718 was similar to the UK average of £17,720 in the same year, when revenue from the
The ongoing war in Iran is pushing up borrowing costs for small and medium enterprises (SMEs) and could prove the final nail in the coffin for some businesses, a sector specialist has warned. Mark Barrie, Head of debt advisory at accountancy firm Azets, believes the war, which began in February, is
Andy Burnham’s ‘missing’ economic advisers signals major risk for UK markets, warns deVere group CEO
Andy Burnham's absent economic advisers are a warning sign for UK investors, according to one of the world's largest independent financial advisory organisations.
Businesses are being encouraged to start preparing now for significant changes to how company accounts are prepared and filed, as a series of reforms begin to take effect. Advisory firm Azets says upcoming Companies House changes, alongside new UK GAAP requirements for presenting financial statement
Scotland must capitalise on strong international investor sentiment and work to convert interest into new projects, according to industry leaders, after a new survey confirmed the country remains the UK's leading destination for foreign direct investment outside London. Sandy Begbie, chief executive
Deloitte is planning to reduce its UK audit workforce by nearly 200 positions, marking the latest round of job cuts among the UK's major accounting firms. The company has introduced voluntary redundancy packages for certain employees due to unusually low staff turnover within its audit division. Whe
EY has appointed ten new Partners in Scotland, demonstrating its continued commitment to the local market with significant further investments in talent and its office real estate. The new partner appointments follow a sustained period of investment in EY’s Scotland practice over the last year
JRW Hogg & Thorburn has appointed Kirsten Hancock as Associate in Galashiels, Audrey Rankine as Associate in Peebles and Naomi Swan as Associate in Hawick. With 9 Partners and 7 Associates, the firm has 6 offices across the Scottish Borders and Edinburgh.
ACCA (the Association of Chartered Certified Accountants) has published its SMP Talent Management Toolkit, a two-part resource designed to help small and medium-sized accounting practices (SMPs) attract, develop and retain the talent they need to serve the millions of small businesses that rely on t
The Institute of Chartered Accountants of Scotland (ICAS) has announced the winners of its annual CA Rising Stars competition, recognising the brightest young talent from across the global accountancy profession. At a prestigious awards ceremony at London’s Oxo Tower, Jemima Jacobs CA –
Sumer Group has appointed Ellie Dignam as national head of accountancy and business advisory services (ABAS). Ms Dignam joins from BHP, part of Sumer Group, where she is partner and head of digital finance. Since joining BHP in 2012, she has helped build a modern accountancy and advisory service for
Benson Accountants has continued its expansion in Scotland, driven by sustained growth in its Scottish client base and the strengthening of its Perth office team. Founded in 2014 by Paul Benson, the Cumbria-based accountancy and business advisory firm has grown to a team of more than 40, supporting
ACCA has urged the Financial Reporting Council (FRC) to adopt the International Standard on Auditing for Less Complex Entities (ISA for LCE), while pressing for a formal consultation before any move is made.
