News

Two new members have been appointed to the board of Scotland's tax authority, Revenue Scotland. The appointment of Jean Lindsay, a former HR director at the Forestry Commission, and Martin McEwen, currently head of tax at SSE Plc, have been confirmed by Public Finance Minister Kate Forbes.

A more stable trend is now emerging in the Scottish housing market, according to the latest results for the RICS UK Residential Market Survey.  Although anecdotal commentary from respondents remains mixed, contributors reported a rise in buyer demand whilst newly agreed sales also gained a

Following its report last November on administration of the tax, the Office of Tax Simplification (OTS) last week published its report Simplifying the Design of Inheritance which also includes recomendations for future policy. The OTS, the independent adviser to Government on simplifying the ta

Over the past three months, the average selling price in east central Scotland was £255,905, which was a 6.6 per cent increase on last year. In Edinburgh, the average selling price during this period was £272,375, a five per cent increase on last year.

Councils across England and Wales have been chosen to pilot a scheme that will help local authorities recover unpaid council tax. A total of 29 local authorities have been chosen to be part of the trial working with the DWP and HMRC to be the first to use powers introduced by the Digital Economy Act

David Booth, a newly-appointed partner with Campbell Dallas, and Shahbaz Mirza, Campbell Dallas’ digital transformation leader, have been named as rising stars in the ICAS Top 100 Young global CAs, a prestigious list of emerging talent identified by ICAS as the next leaders

Audit, tax and consulting firm RSM has announced it will sponsor the 2019 Aberdeen Standard Investments Scottish Open, which takes place for the first time at the Renaissance Club in North Berwick from today.

Three Ferraris have been seized from a business suspected of seeking to evade VAT responsibilities.

The Institute of Chartered Accountants of Scotland (ICAS) has announced a list of the top 100 young chartered accountants (CAs) as part of a global competition.

The Dundee-headquartered professional services firm, MHA Henderson Loggie, is eyeing further growth after securing funding support and facilities of over £2m from Barclays. The established firm recently underwent a rebrand to better reflect its membership of the invitation only national accoun

Latest accountants filed by Perth-headquartered insurance brokers Clark Thomson show that the firm bounced back to profit last year ahead of its takeover by Jelf. Jelf is part of Marsh & McLennan Companies focused on the mid-size and SME market and has more than 3,000 staff in 75 locations acros

Advisory firm Begbies Traynor has unveiled revenue of £60.1 million for the year to April 30, up £52.4m on a year ago. Pre-tax profits increased by more than 50 per cent to £3.5m as the higher numbers of business failures in the UK boosted results.

Edinburgh-based investment management firm Brooks Macdonald has relocated its operation in the capital to newly refurbished Hobart House in a deal brokered by independent commercial property consultancy Knight Frank. Following a significant renovation programme to the Hannover Street building&r

Hotels, pubs, and restaurants in Scotland have seen their levels of elevated insolvency risk fall slightly or hold steady since the start of the year, according to insolvency and restructuring trade body R3. The proportion of hotel companies based in Scotland deemed by R3’s research to be at g

The World Wealth Report 2019 (WWR), published this week by Capgemini, has found that after seven years of continuous growth, overall global high net worth individual (HNWI) wealth declined by 3 per cent in 2018. Largely due to a drop in wealth in the Asia-Pacific region (specifically China as fallou