News

Finance workers at the former Dundee offices of Alliance Trust Savings (ATS) are facing an uncertain future in the wake of its acquisition by Interactive Investor (ii). Senior ii management have set out plans to integrate former ATS customers into the Manchester-based business, which acquired ATS la

Ten young chartered accountants from Johnston Carmichael have been featured on a prestigious list recognising them as the best in the profession.

Young accountants Melanie Clark, Richard Stephenson and Peter Cowan of Aberdeen-based Hall Morrice LLP have been named among this year's Top 100 Young CAs. It is the second year running that Ms Clark, a director of Hall Morrice Corporate Finance, and senior audit and accounts manager Mr Stephenson,

Scotland faces a "property exodus" if Boris Johnson's proposals for stamp duty are put in place in the rest of the UK, property management company Apropos by DJ Alexander has warned. Johnson has proposed removing all stamp duty land tax (SDLT) for properties valued below £500,000, which the fi

Chartered accountancy firm Wylie & Bisset has warned that new Off-Payroll working rules proposed in draft legislation published yesterday will significantly impact contractors and hirers reliant on contingent labour. From April 2020, medium and large companies in the private and third sectors wi

Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has invested £40 million in debt issued by Scottish Borders-based Eildon Housing Association.

Accountant Iain Masterton outlines key changes to VAT rules, details why they’ve been introduced and reveals what building contractors must do to ensure they are compliant. Forthcoming legislation changes could have a major impact on any building contractor business which is registered for VAT

Aberdeen Standard Investments (ASI) has expanded its Pan European Residential Property Fund (ASPER) SICAV-RAIF with the purchase of a newly-constructed residential portfolio in Sweden. This latest acquisition diversifies the Fund’s portfolio to 27 assets in six countries and raising contracted

An annual nationwide survey by Bank of Scotland has revealed the Highlands and Islands region as the happiest place to live in the whole of Scotland.

ICO's second GDPR fine in as many days highlights the importance of due diligence in acquisitions, writes Val Surgenor. Hot on the heels of the proposed British Airways fine, the Information Commissioner’s Office (ICO) this week issued notice of its intention to serve a penalty notice (a fine)

International law firm Pinsent Masons has seen a seven per cent rise in global turnover and a slump in profit per equity partner (PEP). Unaudited figures for the year to 30 April, show gross profit increased by 2.5 per cent to £192.4 million while PEP fell for the first time in six years by fi

Housebuilder Barratt Developments has said that it expects annual profit to beat market forecasts after it delivered a record number of home completions and improved margins. In a trading update for the year ended June 30, the company said pre-tax profit would be around £910 million, up from &

An anti-corruption investigation has been launched into a zoo where officials said around £15,000 was swallowed by a gorilla.

UK advice firm Wren Sterling has announced the acquisition of Dunfermline-based independent financial planning business T D Armstrong Financial Planning Limited. Max Horne, Trudi Horne and Fraser Rowan from T D Armstrong Ltd will all join Wren Sterling.

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.