News

Chancellor Rishi Sunak has ordered a capital gains tax review as the cost of the coronavirus pandemic mounts for the UK Treasury.  The chancellor has asked the Office for Tax Simplification (OTS) to look at the tax, which comes into effect when assets that have increased in value are sold.

The UK’s accounting watchdog has closed its investigation into the finances of support services contractor Mitie.

The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a Property Taxes Round-Up on 21 July 2020 from 1pm to 2pm. At this event Carl Bayley, BSc, FCA, will explore: Carl is a past chairman of the Tax Faculty of the Institute of Chartered Accountants in England and

Edinburgh-based Neilsons Solicitors and Estate Agents have reported a surge in demand for homes in Edinburgh and Lothian. 

Four projects led by Apollo, Blackfish Engineering Design, Nova Innovation and Quoceant will share just under £1.4 million of funding from Wave Energy Scotland (WES) for initiatives that aim to bring down the cost of wave power.

Nimesh Shah, partner at Blick Rothenberg, discusses the implications of tax simplification ahead of chancellor Rishi Sunak's tax 'raid'. The Chancellor has asked the Office of Tax Simplification (‘OTS’) to review the Capital Gains Tax (‘CGT’) rul

Staff at wealth manager Brewin Dolphin's Edinburgh office have raised £2,950 for two local charities by walking the equivalent, in miles, of the north coast of Scotland for their virtual 'north coast 500' challenge.  Brewin Dolphin's chosen charities are the Edinburgh Foodbank and Scottis

Edinburgh-based immune-oncology firm Macomics has secured £3.2 million seed funding from Epidarex Capital and the Scottish Investment Bank. Macomics, which is a University of Edinburgh spin-out, will use the proceeds of this fundraising round to develop novel, first-in-class immunotherapies de

Skyscanner has announced that it will be cutting up to 84 jobs at its Edinburgh head office. The move is part of a cost-cutting exercise which will see the online travel agent cut one-fifth of its total workforce. 

The majority (88%) of mid-market businesses in the UK have made fundamental changes to their business model during the coronavirus pandemic, according to new research from Grant Thornton’s International Business Report. The research also found that 50% of firms are planning to continue with th

The UK's inflation rate rose to 0.6% in June as the coronavirus lockdown restrictions began to ease.

During lockdown, people in the UK have experienced a significant spike in impersonation scams, with June seeing a surge in the monthly figures for scams involving con artists pretending to be police or bank staff, according to a new report from Barclays. 

Police slapped partygoers with fines worth nearly €23,000 in total after an unusually large order from KFC raised suspicions.

In times like these, many business owners and managers are planning the best route to kickstart their business back to growth. We’re working hard to help all our clients restart and revive their business.

Accountancy firm Haines Watts Scotland has appointed Craig Hunter as audit partner. Mr Hunter has assumed the role of audit partner from 1 April 2020 in the newly formed Haines Watts Scotland Audit LLP with the primary objective of continuing to provide a high-quality audit offering to the existing