Accountancy

KPMG, PwC, Deloitte, and EY, have significantly reduced graduate hiring and shed thousands of jobs as they grapple with a prolonged downturn in the professional services sector.

Iain Greig, a 38-year-old accounts junior at MHA, one of the UK's largest accountancy firms, has taken an unconventional path to his current role. It’s not often an aspiring accountant’s previous work experience includes 7,000 skydives, but MHA’s latest recruit is certainly a real

The value of venture capital (VC) investment in Scottish start-ups increased 14% in the final quarter of 2024, according to KPMG’s latest Venture Pulse report. A total of £92.3 million was raised by the country’s start-ups from October to December, up from the £80.9m raised i

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)