Rsm

UK retail sales volumes rose 9.2% month-on-month in April, according to the latest figures published by the Office for National Statistics (ONS).

The latest insolvency statistics in Scotland remain at unprecedented low levels down 17% when compared to April 2020 and down 63% on April 2019 due to ongoing government support. As key government support ends such as VAT deferral, rent moratorium and the furlough scheme, RSM predicts a doubling of

Shirley McIntosh, RSM's head of tax in Scotland, discusses whether Scotland can afford the financials of independence. The Scottish people have elected their new Parliament and pro-independence parties have increased their majority. The independence debate often runs on emotion, but cool heads will

Jim Burberry, RSM's head of VAT and indirect tax in Scotland, discusses the impact of the devolution of VAT in Scotland. The SNP’s election manifesto makes a commitment to ‘Strengthening of Scotland’s tax powers with the devolution of VAT’ (page 47).

Shirley McIntosh, RSM’s head of tax in Scotland, details the importance of tax during an election campaign. Five years ago tax was a hot topic in the Scottish Parliamentary election. How the newly devolved tax powers would be used to deliver policy was part of every party’s manifesto. Bu

UK car production rose 46.6% in March, the first increase after 18 months of decline, with 115,498 cars manufactured, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT).

The number of new tech companies being set up in Scotland rose by 12% in 2020 according to new analysis by audit, tax and consulting firm RSM. In total, there has been 545 tech businesses incorporated in 2020 according to data held by Companies House, a 12% increase compared with 485 in 2019. Scotla

The RSM Financial Conditions Index has continued to improve, and with it a trajectory that steepened marginally, reflecting a wider more optimistic mood amongst policymakers and analysts as they revise up their Q1 GDP figures. The firm’s Index, an aggregated performance indicator of currency,

Audit, tax and consulting firm RSM has promoted Victoria Kirkhope to partner within its internal people team and appointed two new partners, Grant Morrison and Paul O’Leary to strengthen the audit and technology risk assurance teams, respectively. Glasgow-based Ms Kirkhope is RSM’s head

RSM’s capital markets team advised on Parsley Box Group plc, a direct to consumer provider of long-life ready meals, on its £83.8 million initial public offering (IPO) today and Calnex Solutions plc IPO which raised £22.5m in October 2020. Parsley Box Group plc, which admits to AIM

RSM’s corporate finance practice in Scotland has seen a doubling in deals activity when compared to last year - despite an unprecedented economic landscape due to the impact of COVID-19. The Scottish corporate finance team has advised on over 40 transactions in the last 12 months, including th

New research published by audit firm RSM has revealed that the pandemic and Brexit could both be acting as catalysts for rebalancing the traditional order of returns in real estate, with Scotland being cited by over three-fifths of respondents to achieve the greatest residential yields in the next f

Audit, tax and consulting firm RSM has predicted that insolvencies will double in 2021 when government support, such as the furlough scheme and bounce back loans, ends. According to the Insolvency Service, there were 12,557 company insolvencies in 2020, down on the 17,225 the previous year.

Experian has announced its top financial advisers in Scotland with the release of its 2020 United Kingdom and Republic of Ireland M&A Review. Experian said that M&A activity in Scotland significantly impacted by the COVID-19 crisis and experienced its worst year on record according to its la

Finance secretary Kate Forbes did not announce any changes to income tax rates and bands in the coming year after she set out the Scottish Government's budget plans yesterday. Ms Forbes said that in light of the current coronavirus pandemic, it is vital that the Scottish Government continues to supp