Wbg

Scottish accountancy firm Wbg is advising shareholders of family trading companies to consider their options to ensure that the Business Property Relief (BPR) cap fits. The advice follows Chancellor Rachel Reeves’s announcement of significant changes to the UK Inheritance Tax (IHT) regime in h

Wbg has responded to the Scottish Government’s Budget by noting that while it offers some good news for the hospitality sector, the lack of any changes to tax rates means that many Scots will still be paying higher rates than taxpayers in the remainder of the UK. Finance Secretary Shona Robiso

Accountancy firm Wbg has urged the Scottish Government to provide relief to SMEs in next month's Budget. Hospitality businesses in particular will struggle with the increase in employer national insurance contributions already announced by Chancellor Rachel Reeves, the firm said.

Wbg has introduced a new financial wellbeing support service aimed at employers seeking to help colleagues access debt support. Paul McDougall, insolvency practitioner at Wbg, said: “Managing debt can be overwhelming and stressful, affecting employees personal and work lives, including job per

Wbg has warned that budget changes are setting the stage for a harsh blow to employers, with implications that could shake the foundations of many industries. With the current Employer National Insurance Contributions (NIC) rate of 13.8% set to rise to 15% in April 2025, Craig Allison, associate dir

Wbg has opened a new office in Prestwick to offer expert business advice to local companies. Located at 104 Main Street, the office is serviced by a dedicated senior team which includes business advisory director Andrew Flinn. The team will be supported by the Wbg partner group who are looking forwa

Wbg has acquired the Scottish personal insolvency book of accountants and business advisors Azets for an undisclosed sum. Comprising Trust Deeds, Debt Arrangement Schemes and sequestrations for hundreds of individual cases with a significant book value, the deal highlights Wbg’s ability to sca

Accountancy firm Wbg has encouraged SMEs to put themselves at the heart of their local communities and help generate thriving local economies to the benefit of the national economy. The firm endorses the Scotland Loves Local Pledge – a commitment to prioritising local people and businesses by

Accountancy firm Wbg is advising operators to get their house in order before the forthcoming abolition of the furnished holiday lettings (FHL) tax regime. The abolition removes the specific tax treatment and separate reporting requirements for FHLs, so that income and gains from an FHL will then fo

As temperatures drop and energy bills rise, Scottish accountancy firm Wbg is advising households to address their debts now to ensure they can keep their homes warm this winter. Utility debt in the UK has become a significant financial burden for many households. This debt reflects the challenges fa

Scottish accountancy firm Wbg has urged entrepreneurs to prepare for potential capital tax hikes in Chancellor Rachel Reeves' upcoming budget on 30 October. The advice follows figures from the Office for National Statistics (ONS) showing that UK government borrowing hit a higher than expected £

Wbg has lauded the launch of the Scottish Government's Entrepreneurial Education Pathways Fund, predicting it will inspire a wave of young business owners. The fund, offering grants up to £250,000, aims to encourage innovative courses and projects for under-18s, highlighting entrepreneurship a

Accountancy, tax, and audit firm Wbg has joined Ayrshire Chamber of Commerce support local businesses with specialist business advice. The move follows the recent opening of Wbg’s Prestwick office at 104 Main Street, headed up by director Andrew Flinn, a consolidation of John Kerr & Co in

Accountancy firm Wbg has advised shareholders planning on using business asset disposal relief (BADR) through a members voluntary liquidation (MVL) process to consider acting sooner rather than later as the likelihood of a bump in capital gains tax (CGT) rises. The advice follows figures from the Of

Scottish accounting, tax, and audit firm Wbg has doubled its headcount to a 21-strong team over the last two years. This is a direct result of significant growth achieved by the firm’s internal audit division over recent years, including a number of new clients since the start of 2024 yielding