Bdo

High costs and difficulty expanding their business have continued to hinder the growth of Scottish companies, according to new data from BDO. The latest bi-monthly Economic Engine survey of 500 mid-sized businesses indicates that cost pressures will persist as a significant challenge, with 44% expre

Last month's Autumn Statement introduced numerous spending commitments, including adjustments in wages, pensions, benefits, and business rates, setting the stage for the upcoming Scottish Budget.

BDO has reported a decline in partner pay, handing out an average of £609,000 per partner, following an ambitious recruitment drive and significant investment in its growth strategy. Despite the 6% decrease reduction in partner earnings from the previous year, the firm has seen robust financia

More businesses expect taxes to rise rather than fall after the next general election, according to the latest research from accountancy and business advisory firm BDO. BDO’s survey of more than 500 mid-market businesses, conducted ahead of the upcoming Autumn Statement, scheduled for 22 Novem

Accountancy and business advisory firm BDO LLP has made a series of promotions across its Scottish offices, comprising a total of 66 promotions, including 41 people in its Glasgow office with a further 25 promotions in Edinburgh. The investment included the promotion of business restructuring e

Claiming tax relief for research and development has become harder as businesses claiming tax relief for research and development (R&D) will face stricter scrutiny, following the introduction of new rules this week. This follows concerns from the HM Revenue and Customs (HMRC) about fraud and err

BDO Scotland has invested in its Digital, Risk and Advisory Services (DRAS) team to bolster support for Scottish businesses. The growing DRAS team will be led by Claire Robertson, BDO’s head of DRAS in Scotland, and will include newly promoted digital senior manager Chris Milborrow, alongside

New research by The Association of Chartered Certified Accountants (ACCA) and BDO, the international network of public accounting, tax and advisory firms, has revealed how the role of the CFO is growing to include driving business decisions and reporting on the non-financial areas of their operatio

In a report launched today by accountancy and business advisory firm BDO LLP, figures show up to £1.3 billion has been deployed into circular economy investments in 12 months. According to the report, disclosed capital deployed has increased by 10% from £788 million in 2021 to £879

Accountancy and business advisory firm BDO LLP has appointed Mick Campbell as its new partner in its Glasgow financial services team as the firm continues to invest in talent in Scotland. Mick Campbell joins the firm’s financial services team from Atos UK, a worldwide digital leader

In 2023, mid-sized businesses in Scotland will prioritise investment in digital, digitalising services and driving new efficiencies through automation, according to new research from BDO. BDO also found that the Scotland’s business leaders are calling for increased action and more targeted sup

BDO’s Scottish corporate finance team has advised on 39 completed deals in 2022 with a total value of £1.9 billion. The deals were across a variety of sectors including technology, support services, real estate and healthcare, with private equity transactions a significant feature&n

Martin Bell of BDO looks at what the Scottish Budget might have in store. After a rollercoaster few months of fiscal statements, businesses and individuals will be looking closely at what’s to come in the Scottish Budget this week.

An agreement has been reached with tax authorities to settle with the old Rangers operating company for almost £40 million less than the original claimed by HMRC. Acting liquidators of Rangers 2012, BDO, said the settlement terms were accepted by both sides in their latest update to creditors.

Audit costs are set to rise by as much as 50% for businesses next year, BDO managing partner Paul Eagland has warned. Mr Eagland said: “I think we’ll see fee inflation next year ... of around 20 per cent,” adding “For certain audits, it could be 50 per cent".