Euan Fernie takes a look at the implications Chancellor Rachel Reeves' first Autumn Budget has for personal finance. It may in part have been a consequence of some heavy trailing, but there were no major surprises in the Chancellor’s first Budget and its measures – as they related to per
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Private and independent schools should be doing their homework now on the updated guidance published by HMRC on the VAT changes for private and independent schools, writes William Anderson. The key point to understand from the outset is that these changes will be introduced from 30 October 2024: alt
As we approach the Autumn Budget, the energy sector faces significant challenges, and the stakes for the North Sea industry have never been higher, writes Mark Brown. Recent developments surrounding the UK government's fiscal policies, particularly the Energy Profits Levy (EPL), have stirred deep co
With budget pressures rising, could the Chancellor sweeten the deal by adding VAT to some guilty pleasures? From cakes to caviar, here are three tempting tax ideas that could bring in revenue – without leaving too much of a bitter aftertaste. MHA VAT director Glyn Edwards, with a pinch of dry
Pictured (L-R): MHA Edinburgh’s newest talent – Callum McEwan, Robbie Macaulay, Ali Armstrong, Iain Greig, Lewis Smith, Darcie Haggarty, Kyle Watkin, and Matthew McEvoy Accountancy firm MHA has welcomed 13 new student and graduate appointments across its Scottish offices.
Michael Reid, partner at MHA in Aberdeen, has been appointed liquidator to Elgin-based Morlich Homes Ltd. At board meeting earlier this month, the North-east of Scotland housebuilder, which was incorporated in December 2010, made the decision to move to a formal liquidation process.
While we continue to adapt to the unfamiliarity of a Labour government, businesses across Scotland are already analysing what that might mean for their sector, writes Mark Brown. Full details are yet to emerge of the party’s intentions, however, business leaders are keeping a close eye on emer
The Financial Conduct Authority (FCA) has censured the auditor Macintyre Hudson LLP (MHA) for failing to prepare client assets reports to the required standard.
Excluding the impact of being a partner in an unincorporated business which is declared bankrupt, the two main routes into bankruptcy are by an individual submitting the appropriate form to the accountant in bankruptcy (AiB – a civil servant based in Ayrshire) or a creditor lodging a petition
Accounting and advisory firm MHA has reported revenues of £180 million for the year end 31 March 2024, an increase of 27% on £142m reported in 2023. Revenue has doubled in the last 4 years from £90m in 2020. Total headcount is now 1,820 people across 24 offices with 136 partners.
MHA, the UK member of Baker Tilly International, has been formally accepted a member into the UN Global Compact Network (UNGCN) and engaging as a key participant in the audit accountancy & assurance sector. As a new member, MHA has developed an internal ESG framework aligned with the U
Michael J M Reid of MHA in Aberdeen has been appointed liquidator for a Buckie-based machinery supply company.
As Scotland's major cities prepare to implement low emission zones (LEZs) on 1 June, a Scottish accountant has expressed concerns about the potential economic impact on businesses. Euan Fernie, partner at MHA in Edinburgh, believes that while improving air quality is crucial to the environment and p
Accountancy firm MHA, which recently expanded into Scotland, is now setting its sights on Ireland. At the end of last year, MHA – Baker Tilly International's UK member – established its first Scottish presence through the merger with Aberdeen-based Meston Reid & Co. This was followed
Licensed insolvency practitioner Michael Reid discusses the importance of effective cash flow management as the key to the success and survival of businesses, particularly in the current economic climate. Every business owner’s mantra: “Cash is King”