Rural accountancy firm Old Mill has warned farmers to be ready for potentially high tax bills after a profitable year in 2021/22. The firm warned that as farmers focus on fielding high input costs, it’s easy to forget that large tax bills might be looming.
Accountancy
Households still £1,328 worse off after inflation despite NI threshold hike, warns Scottish Friendly
The rise in the National Insurance threshold to £12,570 announced by the UK Government won't help lower-income households, despite some headline savings on contributions, according to Kevin Brown, savings specialist at Scottish Friendly. Mr Brown highlighted that average income households are
Financial planning firm AAB Wealth has announced its expansion into Northern Ireland with the appointment of chartered financial planner, Alastair Moore, following the recent merger of AAB Group with FPM. Mr Moore, originally from County Down, Northern Ireland, previously worked for AAB Wealth for f
Two fast growth businesses from Scotland have been shortlisted to pitch to industry experts as part of KPMG’s global search for the UK’s next tech disruptor. Novosound, an ultrasound imaging firm, was crowned the winner of KPMG UK’s Emerging Giants Tech Innovator Scottish heat in G
More than a third (36%) of Big Four accountancy firm EY's new equity partners are women, as the company promoted a record number of partners this year.
A one-week work placement has led to a promising career for an Aberdeen trainee, who has become one of the youngest in Scotland to complete their financial diploma. Having joined Acumen Financial Planning from school, Andrew McRae has combined working and studying and recently passed his R02 Level 4
The number of UK consumers who have adopted a more sustainable lifestyle has risen in the past year, but cost is proving to be a barrier for those wanting to make more sustainable and ethical purchasing decisions, according to new research from Deloitte. According to Deloitte’s Sustainable Con
With the price of food, fuel, energy, clothes, travel costs and rent continuing to increase as inflation rises, Wylie & Bisset, accountants and business advisors, is advising SMEs to adopt a ‘trench warfare mentality’ and adapt their covid working from home plans to help employers an
Construction firms should assess the tax relief available to them for commercial building projects, according to Dundee-based EQ Accountants. Along with the recent increases in the cost of living, commercial building projects have seen significant increases in costs in terms of materials, transport,
Banff-based Anderson & Co, set up by Arlene Anderson, has merged with Moray-based accountancy firm Ritsons. The merger sees Anderson & Co’s team join Ritsons to serve communities across the North East of Scotland and the Highlands with accountancy and business advice.
With Scottish Engineering’s latest survey revealing that rising prices and skills shortages are causing concern among engineering companies, requiring them to consider innovation, product leadership and efficiency drives, Wylie & Bisset, accountants and business advisors, is advising engin
Highly attractive BIK (benefit in kind) rates for electric cars and increasing concerns over climate change is driving soaring employee demand for company supplied electric cars according to Azets, the regional adviser to SMEs. The annual income tax and NIC costs for a £15356 petrol Corsa SE f
EY has been fined $100 million (£82m) after its audit professionals were caught cheating in exams required for obtaining and maintaining their certified public accountant (CPA) licenses.
The Institute of Chartered Accountants of Scotland (ICAS) is joining an accountancy led social mobility initiative to teach school children essential life skills. ICAS is one of 16 new partners of social mobility initiative Rise, which launched last year to help young people from low socio-economic
Gordon Couch, a financial adviser who scammed a Scottish widow with dementia, is being pursued for £762,597 under proceeds of crime laws. Mr Couch was convicted of embezzling £170,000 belonging to Marjorie Stewart before and after her death in an Edinburgh nursing home. He admitted