Accountancy

Chartered accountant Wylie & Bisset has welcomed Crown Estate Scotland’s launch of a capital investment fund and advised SMEs to diversify and innovate their way to prosperity. Launched to help promote the sustainable development of Scotland’s natural resources, the £3m Innovat

R3, the insolvency and restructuring trade body, has launched a new debt advice guide for individuals in Scotland. The free resource, ‘Dealing with money worries – a guide to your options’, provides an overview of the potential solutions available to those who are worried about the

Accountancy firm Douglas Home & Co is urging smart Scottish businesses to take advantage of a Government “super-deduction” before it disappears. Douglas Home & Co says the potential 130% tax deduction is ideal for businesses considering a post-Covid workplace revamp, but have war

AML Tax (UK) Limited, a firm owned by Scottish businessman Doug Barrowman, has been fined £150,000 for failing to provide HMRC with legally required information. The firm, which was part of Mr Barrowman's Isle of Man-based Knox Group, promoted tax avoidance schemes in the UK for years.

Grant Thornton UK's Corporate Finance team has advised on its second Scottish EdTech deal in as many weeks, as Giglets Education has been acquired by Swedish private equity-backed ILT Education.

Scottish businesses seeking cash to fund investment, or ease working capital or trading problems, are being encouraged by Azets, the regional advisor to SMEs, to apply for the ‘hugely attractive’ Recovery Loan Scheme (RLS) before it ends on 30 June. The Recovery Loan Scheme offers busine

Nigel Morrison, Stuart Preston and Philip Stephenson, all partners of Grant Thornton, have been appointed as joint administrators of Roadbridge UK.

Scottish cities are emerging from the pandemic with renewed priorities, largely focused on fairness, the environment and an improved work-life balance, according to this year’s The Demos-PwC Good Growth for Cities Index.

With the Finance Bill 2021/22 receiving Royal Assent last month, it is all systems go for Basis Period Reform for unincorporated trading businesses from tax year 2024/25. Chartered accountants Wylie & Bisset is stressing the importance in planning for this and, more importantly, the impact of th

Accountancy and business advisory firm Azets has advised on the sale of Yorkshire glass specialist Dual Seal Glass Limited to AEQUITA.

Scottish businesses are behind targets for 2022, according to new research from accountancy firm BDO. Companies cited inflation and supply chain pressures as the greatest challenges for the year ahead. However, more than half of mid-sized businesses in Scotland think they will return to pre-COVID-19

Scotland has improved its performance in PwC’s Women in Work Index thanks to advances in the country’s gender pay gap and an increased share of women in full-time employment.

The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG and Mr Michael Neil Frankish in relation to their audits of Revolution Bars Group Plc for the financial years ended 30 June 2015 and the 53 weeks ended 2 July 2016. Mr Frankish performed the role of Aud

The consulting arm of Anderson Anderson & Brown (AAB), the tech-enabled business-critical services group, has partnered with the University of Glasgow to co-author a paper about the transformation of student assessment and feedback in Higher Education (HE). As the University of Glasgow’s t

Big Four accountancy firms EY and Deloitte have announced that they will close their operations in Russia in the wake of the country's invasion of Ukraine. EY has revealed that it will cut its 4,700-person business in Russia, while Deloitte announced yesterday that it would separate its operations i