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Due to the current public health situation and the impact of coronavirus on companies (e.g. self-isolating), Companies House is now automatically granting a two-month extension to file company accounts.  

Law firm Gilson Gray has issued helpful guidance for employers and employees looking for clarity on Statutory Sick Pay (SSP) as the COVID-19 pandemic begins to affect businesses of all sizes across the UK. Graham Millar, employment law partner at Gilson Gray, said while it is important to follow Gov

Chartered accountants Wylie & Bisset has said that strong leadership is fundamental if family businesses are to survive the economic impact of COVID-19. Catherine McManus, tax partner, said that there is no doubt that 2020 is going to go down as a unique year in history due to the worldwide impa

The Financial Conduct Authority (FCA) has today set out expectations for general insurance firms and provided information for consumers about what they should see from their insurance provider during the coronavirus pandemic.

Scottish businesswoman Marie Macklin CBE has offered £100,000 community cash fund to support the communities of Kilmarnock, which will help tackle the local impact of the coronavirus pandemic on the places closest to her heart. Having seen first-hand how the pandemic is directly affe

Hundreds of customers are being refunded a share of £380,000 after insurance company Paymentshield failed to send important information about PPI policies. The Competition and Markets Authority (CMA) has issued Paymentshield with legally binding directions after it failed to send payment prote

The number of young people ages 16-24 years in employment in Scotland from January 2019 to December 2019 has increased from 57.2% to 57.9%, according to the Annual Population Survey.

Challenger bank Revolut has launched a banking app for kids. 

Simon Allison looks at common issues for employers during the coronavirus outbreak such as whether an employer can lay off staff and what happens if they are forced to close their premises. Lay-off/short time working clauseIn the unlikely event that your employees have a “lay off” or sho

Accountants across Scotland have welcomed the postponement announcement by the Treasury of the introduction of IR35 tax changes on off-payroll working. The decision is part of the wider government measures designed to support the economy in light of the coronavirus. It is not to be considered a canc

The Royal Bank of Scotland has announced that Yasmin Jetha will be appointed as a non-executive director at the group on 1st April 2020 as Alison Davis steps down at the end of March. Ms Jetha will succeed Ms Davis as chairman of the technology and innovation centre and will also become a member of

Aberdeen Standard Investments (ASI) has announced that dealing has been suspended in its  £1.7 billion UK Real Estate Fund and £1.1 billion Aberdeen UK Property Fund. The company said that as with the other property fund suspensions announced over the last 24 hours, “the suspe

Edinburgh-based technology company ePOS Hybrid has smashed its crowdfunding targets by 60% after raising £400,000. ePOS Hybrid, which surpassed its target just half way through the campaign, went on to enjoy continued successes with another 89 backers coming on board in the final stages of the

The Scottish Chambers of Commerce (SCC) has said that the additional support measures announced by Chancellor Rishi Sunak are essential if businesses are to survive the COVID-19 outbreak.