Mha

Despite the Conservatives branding it an ‘emergency budget’, the Spring Statement brought very few surprises and no further tax increases, writes Alan Stewart. It was a defensive statement from Chancellor Rachel Reeves, who set out to show the Labour party was ‘on the side of worki

Ahead of next week's Spring Statement, Joe Nellis explores the Chancellor's dwindling fiscal headroom and potential policy responses, including changes to borrowing rules, tax rises, and spending cuts, in light of a deteriorating economic outlook. The Chancellor has had her fiscal headroom of an est

Smaller businesses could disproportionately bear the brunt of the economic challenges looming in Scotland, according to a licensed insolvency practitioner.   Michael Reid, partner at MHA in Aberdeen, said the upcoming increases in National Insurance and minimum wage, as well as footfall issues,

North-east insolvency practitioner Michael Reid has been appointed administrator for an Aberdeen managed IT services provider. As a result of a submission to the Court of Session, Internet for Business Limited, which was established in 1995, appointed an administrator on Thursday, 20 February.

The North Sea’s transient workforce could be lost for good unless pace is picked up on the renewable energy transition, an accounting and business advisory specialist has warned. Mark Brown, partner at MHA, believes 2025 is pivotal in terms of seeing real momentum gained.

Iain Greig, a 38-year-old accounts junior at MHA, one of the UK's largest accountancy firms, has taken an unconventional path to his current role. It’s not often an aspiring accountant’s previous work experience includes 7,000 skydives, but MHA’s latest recruit is certainly a real

MHA partner Michael Reid has been ordered to pay a regulatory penalty of £11,500 following a number of failings. The penalty was imposed by the ICAS Authorisation Committee in December 2024 but was not made public until this morning, when a summary of the complaint was published by the Insolve

"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

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