"More clarification needed" was the overarching view of tax specialists at MHA following unveiling of the Scottish Government’s Budget. Headlines may be written about an end to the two-child benefits cap and an extension of hospitality business rates relief; however, it is perhaps what hasn&rs
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MHA has shared half-year results for the first time, with revenues reaching £99 million for the six months ended 30 September 2024. This represents a 32% increase from £75m in the same period last year. The accounting group said nearly all of its offices experienced significant double-di
An Aberdeen college graduate who came to Scotland "in search of a better future" has been awarded a top accountancy prize sponsored by MHA. Former North East Scotland College (NESCol) student Kate Wolska, 38, who returned to education after 20 years, won the MHA Excellence in Accounting Award after
Accountancy and business advisory firm MHA, which has offices in Aberdeen and Edinburgh, has outlined its strategy to become net zero by 2030 as part of a wide range of commitments in its Sustainability ESG Report 2024. The report, which will be published voluntarily on an annual basis, is MHA&rsquo
The first Budget under the Labour administration was feared by business and nowhere more so than in the farming community where the recent announcements will have a devastating effect, writes Sarah Dodds. As an accountant and business advisor, but more importantly a farmer’s wife with a young
Euan Fernie takes a look at the implications Chancellor Rachel Reeves' first Autumn Budget has for personal finance. It may in part have been a consequence of some heavy trailing, but there were no major surprises in the Chancellor’s first Budget and its measures – as they related to per
Private and independent schools should be doing their homework now on the updated guidance published by HMRC on the VAT changes for private and independent schools, writes William Anderson. The key point to understand from the outset is that these changes will be introduced from 30 October 2024: alt
As we approach the Autumn Budget, the energy sector faces significant challenges, and the stakes for the North Sea industry have never been higher, writes Mark Brown. Recent developments surrounding the UK government's fiscal policies, particularly the Energy Profits Levy (EPL), have stirred deep co
With budget pressures rising, could the Chancellor sweeten the deal by adding VAT to some guilty pleasures? From cakes to caviar, here are three tempting tax ideas that could bring in revenue – without leaving too much of a bitter aftertaste. MHA VAT director Glyn Edwards, with a pinch of dry
Pictured (L-R): MHA Edinburgh’s newest talent – Callum McEwan, Robbie Macaulay, Ali Armstrong, Iain Greig, Lewis Smith, Darcie Haggarty, Kyle Watkin, and Matthew McEvoy Accountancy firm MHA has welcomed 13 new student and graduate appointments across its Scottish offices.
Michael Reid, partner at MHA in Aberdeen, has been appointed liquidator to Elgin-based Morlich Homes Ltd. At board meeting earlier this month, the North-east of Scotland housebuilder, which was incorporated in December 2010, made the decision to move to a formal liquidation process.
While we continue to adapt to the unfamiliarity of a Labour government, businesses across Scotland are already analysing what that might mean for their sector, writes Mark Brown. Full details are yet to emerge of the party’s intentions, however, business leaders are keeping a close eye on emer
The Financial Conduct Authority (FCA) has censured the auditor Macintyre Hudson LLP (MHA) for failing to prepare client assets reports to the required standard.
Excluding the impact of being a partner in an unincorporated business which is declared bankrupt, the two main routes into bankruptcy are by an individual submitting the appropriate form to the accountant in bankruptcy (AiB – a civil servant based in Ayrshire) or a creditor lodging a petition
Accounting and advisory firm MHA has reported revenues of £180 million for the year end 31 March 2024, an increase of 27% on £142m reported in 2023. Revenue has doubled in the last 4 years from £90m in 2020. Total headcount is now 1,820 people across 24 offices with 136 partners.