Chartered accountant Wylie & Bisset has issued a warning to charities about the risk of fraud. While the true cost of fraud to UK charities is unknown, the Fraud Advisory Panel estimates that it could be as high as £2 billion a year. According to the Office for National Statistics, there w
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Chartered accountant Wylie & Bisset has joined Glasgow City Council’s new Business Growth Programme, under which it will provide a range of business structuring and business financial management advice to local SMEs. The programme is funded by the European Regional Development Fund through
Jenny Simpson, partner and head of Wylie & Bisset’s charities team, has been re-appointed to the advisory committee that oversees the rules for how charities across the UK and Ireland report on their finances. For the first time, the committee will include organisations which work closely
Glasgow-based chartered accountants Wylie & Bisset has labelled the Scottish draft budget "tame" after it left the tax gap untouched. Catherine McManus, head of tax at Wylie & Bisset, said she was not surprised that the budget was tame in its scope, coming immediately after Brexit and a mont
As part of its digital accounting offering, Wylie & Bisset has achieved Xero Platinum Partner status. The highest possible level of the cloud accounting system designed for small and growing businesses is for the firm’s record in assisting SMEs make the transition from traditional to cloud
Chartered accountants Wylie & Bisset is advising contractors and businesses to prepare for the forthcoming IR35 tax legislation change which many commentators predict will have a significant impact on how many businesses operate. Introduced in 2000, IR35 is an anti-tax avoidance rule that applie
Chartered accountant Wylie & Bisset has become the sole Scottish member and the exclusive representative for Glasgow of the Corporate Finance Network nationwide group of specialist corporate finance advisers. Consisting of selected accountancy firms and business advisors providing SMEs and owner
Ahead of the January 2020 launch by ScotlandIS of a new strategy to turn Scotland into a digital nation, chartered accountant Wylie & Bisset is urging SMEs to review their business processes and procedures to assess opportunities for realising efficiencies from the adoption of digital technologi
While uncertainty about the exact timing of Brexit looks set to linger on into 2020, chartered accountant Wylie & Bisset is advising Small and Medium-sized Enterprises (SMEs) to prepare for change now by applying for a Brexit Support Grant. Funded by the Scottish Government, the Brexit Support G
Chartered accountants Wylie & Bisset is advising family business owners that a key element to a successful succession strategy is to take account of the tax implications in doing so. With a recent survey suggesting 80% of family-owned business owners believe it is important to involve family mem
Chartered accountants Wylie & Bisset is urging small and medium-sized enterprises (SMEs) to consider what practical steps they can take now to make their business practices more environmentally sustainable to give them a competitive advantage ahead of the introduction of the proposed Circular Ec
Chartered Accountancy firm Wylie & Bisset has welcomed the Debt Arrangement Scheme reforms, which it says will improve accessibility and streamline bureaucracy. A formal Scottish debt solution allowing individuals struggling with debt to repay it back over a longer period, the Debt Arrangem
Wylie & Bisset has advised small and medium-sized enterprises (SMEs) who supply to larger businesses to conduct an urgent review of their business strategy and crisis planning in the wake of the collapse of Thomas Cook. The chartered accountants are urging businesses to conduct such a review in
A growing desire for a better work/life balance amongst executives had led to the rise of 'olderpreneurs', according to Chartered Accountants Wylie & Bisset. New figures from the Office for National Statistics show that over 50s make up 43% of those who open their own businesses but account for
Wylie & Bisset urges charities to take account of issues raised by unpredictability of legacy giving
Chartered accountants firm Wylie & Bisset has urged Scottish charities to be aware of the issues raised by the unpredictability of legacy giving, following figures revealing a sharp increase in legacy gifts. Annual legacy income to UK fundraising charities now amounts to £2.23 billion, wit