News

The UK's inheritance tax (IHT) take on gifts has increased for three consecutive years, according to new figures. The number of estates liable for IHT on gifts rose from 873 estates in 2015/16 to 920 in 2016/17 and then 993 in 2017/18, FT reports.

Scotland has a thriving technology sector but there’s still a huge amount of untapped potential that could further elevate its success and bolster our economy. Women, who remain significantly underrepresented within the sector, have a major part to play in making this happen, writes Jackie War

Scottish Friendly has announced a new initiative to support The Mental Health Foundation over the Christmas season. The financial mutual will donate £10 to the charity for every My ISA product it sells throughout December, including junior ISAs.

Citizens Advice Bureaux (CABs) and associated national services returned £170 million to people in Scotland in 2019/20, according to new annual figures. The additional funds, an increase of around £40 million on the previous year, took the form of social security payments, employment ent

Banks should give their virtual chatbots more personality in response to the shift from in-person to online banking, a new report suggests. Consulting firm Accenture has published a new report which warns that the rush to digital is depriving banking of its "traditional human touch".

Accountancy firm Azets has been ranked first for expertise and quality of service in the Charity Finance Audit Survey 2020, with 96% of respondents rating Azets as ‘good’ – respondents were given a rating choice of good, average or poor. Azets performed strongly in all aspects of t

Bank of Scotland owner Lloyds Banking Group has announced that it is reintroducing 10% deposit mortgage deals after COVID-19 crisis saw banks and building societies cut such deals from their offerings. The mortgages will be available for first-time buyers from the group’s Lloyds Bank and Halif

Ian McMonagle, tax specialist at Russell & Russell Business Advisors, discusses the tax options for employers to consider when it comes to celebrating Christmas. While we still don’t know if Christmas is going to be officially cancelled, what we can be quite certain about is that there wil

Tayside solicitors and estate agents Miller Hendry has announced promotions and new appointments to its teams in Dundee and Crieff. Fiona Kelly has been appointed as a solicitor in the Court Department Dundee. Fiona graduated from Abertay University with an LLB (Hons) in 2015, before completing the

AJ Bell, one of the UK's largest investment platforms, has seen its profits rise by almost a third despite the economic uncertainty of the coronavirus pandemic. The firm's profit before tax increased by 29% to £48.6 million from £37.7m the year before. Its revenue increased by 31% to &po

Glasgow City Council has approved funding of £1.2 million to deliver improvements to Tradeston Bridge and the public realm at Tradeston.

The Scottish Government has confirmed it has entered discussions with the UK Government over Scottish Green proposals for a windfall tax on companies that have greatly increased profits during the coronavirus pandemic.

Gillespie Macandrew has seen turnover increase by eight per cent after the expansion of two of its teams this year. Turnover rose from £13 million in 2019 to £14m in the year to February 29, 2020, The Courier reports.

Clyde Gateway has completed the £3.2 million sale of a prime industrial investment at its Clyde Gateway East business park.

The Bank of England (BoE) has been asked to find out who is in possession of £50 billion of missing sterling banknotes. The number of notes in circulation reached a record high of 4.4bn in July this year with a face value of £76.5bn. Of that amount, the BoE estimates that as much as 24%