Accountancy

With Scottish Engineering’s latest survey revealing that rising prices and skills shortages are causing concern among engineering companies, requiring them to consider innovation, product leadership and efficiency drives, Wylie & Bisset, accountants and business advisors, is advising engin

Highly attractive BIK (benefit in kind) rates for electric cars and increasing concerns over climate change is driving soaring employee demand for company supplied electric cars according to Azets, the regional adviser to SMEs. The annual income tax and NIC costs for a £15356 petrol Corsa SE f

EY has been fined $100 million (£82m) after its audit professionals were caught cheating in exams required for obtaining and maintaining their certified public accountant (CPA) licenses.

The Institute of Chartered Accountants of Scotland (ICAS) is joining an accountancy led social mobility initiative to teach school children essential life skills. ICAS is one of 16 new partners of social mobility initiative Rise, which launched last year to help young people from low socio-economic

Gordon Couch, a financial adviser who scammed a Scottish widow with dementia, is being pursued for £762,597 under proceeds of crime laws. Mr Couch was convicted of embezzling £170,000 belonging to Marjorie Stewart before and after her death in an Edinburgh nursing home. He admitted

Deloitte has announced more than 250 promotions in Scotland, including four new partners, as the firm bolsters its leadership team and Scottish practice. Sharon Lee, Kevin Johnson and Hayley Baker have all been promoted to partner and are based in Edinburgh, and Michael Buckley has been promoted to

Forty jobs in Lanarkshire have been saved after FRP Advisory, the administrators of Dawnfresh Seafoods Limited, secured a going-concern sale of the Uddingston fish processing facility to fast-growing Peterhead-based seafood business, Thistle Seafoods Limited. The Uddingston site extends to over 100,

HMRC failed to collect over £30 billion in 2021, according to new figures. Figures published by the tax authority revealed £32bn in tax went unpaid in the 2020-21 financial year. This marks 5.1% of the total that HMRC is owed.

Aberdeen-headquartered finance advisory specialists Hutcheon Mearns is opening a dedicated service hub in Norwich, offering its full services to East Anglia in response to increased demand for its finance people advisory and business advisory specialisms in the region. The continued national growth

Blair Nimmo and Geoff Jacobs from Interpath Advisory have been appointed as joint liquidators of Scottish bar operator Macmerry300 Ltd. The administrators were appointed yesterday.

Audit partners at Big Four accountancy firm EY are set to receive multi-million-pound payoffs if the firm implements plans to separate its audit and consulting business. In June, it emerged that EY was considering a full separation of its auditing and consulting business. According to leaked interna

Over 200 KPMG UK colleagues in Aberdeen, Edinburgh and Glasgow took part in two of the firm’s charitable ‘Big Walks’ last week in support of charity partner Marie Curie, the end-of-life charity. The Big Walks took place in Aberdeen on Thursday 16 June and Falkirk on Friday 17 June

Audit, tax and consulting firm RSM UK has appointed Richard Mackie as its new associate director in Edinburgh to strengthen its risk and governance practice in Scotland. Richard Mackie will be working as part of the risk advisory team as a specialist consultant. Richard first joined RSM in 2013, ret

Accountancy and business advisory firm BDO is set to welcome 60 employees to its newly remodelled Edinburgh office at City Point, Haymarket Terrace.

The ability to plan effectively and make informed decisions has never been more crucial in these most challenging of times, according to Scottish accountancy firm EQ Accountants. For charities, this includes having effective budgeting, forecasting and cash flow management.