Kellwood Engineering, a Dumfries-based precision machining and fabrication company trading for almost 40 years, has had to close its doors with the loss of 27 employees. The director of the company, James Maitland, has appointed Donald McKinnon of Wylie & Bisset, Accountants and Business Advisor
Wylie & Bisset
Accounting and business advisory firm Wylie & Bisset has warned of an explosion in the number of winding up orders and company insolvencies as HMRC tackles a massive backlog of debt by enlisting private debt collectors to pursue billions of pounds in unpaid taxes. Under Chancellor Jeremy Hunt&rs
Following HMRC’s announcement that it will not appeal against Loose Women presenter Kaye Adams’ court win over IR35 rules, Wylie & Bisset, Accountants and Business Advisers, has noted that the case illustrates the uncertainty surrounding agreeing an IR35 determination with HMRC. TV p
Accountants and business advisers firm Wylie & Bisset has joined in calling on the Scottish government to urgently address the charity audit threshold disparity between Scotland and England and Wales, suggesting it should be doubled and brought into line with other regions. Increases to the comp
While welcoming the UK government’s plans to launch more stringent initiatives to curtail the persistent problem of late payments to SMEs as a step in the right direction, Wylie & Bisset, accountants and business advisers, noted that the initiatives apply only to larger businesses with a t
With a recent survey by the Scottish Hospitality Group finding that more than two thirds of operators in Glasgow have seen footfall drop, and some 63% blaming the introduction of the Low Emission Zone (LEZ) and poor public transport, Wylie & Bisset, Accountants and Business Advisers, is urging b
With HMRC forecasting that 283,400 estates will face inheritance tax (IHT) by 2028, Wylie & Bisset has urged clients to seek an early assessment of their IHT exposure and plan ahead. This forecast comes in the wake of Chancellor Jeremy Hunt's decision to maintain the IHT threshold at £325,
Shehzad Ashaq has questioned the logic of changes to R&D tax credits that favour large companies over SMEs. From 1 April 2023, SMEs have seen R&D tax credits relief on qualifying costs reduce from an enhancement of 130% to 86% and, for loss-making companies, repayable credit reduce from 14.5
Wylie & Bisset has unveiled an array of promotions across various sectors of its organisation including audit, business advisory services, insolvency, payroll, and tax departments. Sandy Hogg and Rory McCall have received promotions to associate director within the external audit team, ack
Scottish firms, once profitable but financially strained during the COVID-19 pandemic, are now feeling the pinch of a cost-of-living crisis, leading to record levels of insolvency activity, according to Wylie & Bisset, an accountancy and business advisory firm. R3, the insolvency and restructuri
Wylie & Bisset, accountants and business advisers, has announced a trio of promotions that sees tax director Shehzad Ashaq promoted to associate partner together with the promotions of Matthew McDermott to senior manager and Laura Caulfield to manager within the burgeoning Business Advisory Serv
Wylie & Bisset, accountants and business advisers, has called for Scottish employers to consider adopting creative employment packages to attract and retain the best candidates in response to a widening gap in personal taxation levels between Scotland and the rest of the UK. Scots earning more t
Opulus has broadened its reach by acquiring George + Co, a firm of Chartered Tax Advisers and Accountants located in Edinburgh's West End. The acquisition is part of Opulus's strategic plan to extend its geographic footprint throughout Scotland, and it marks the company's entry into the east of Scot
Wylie & Bisset has promoted Claire Dalrymple to partner of corporate services. Her latest promotion follows last year’s promotion from director of corporate services to associate partner, prior to which Ms Dalrymple’s was promoted from senior audit manager to director of corporate se
Fresh from winning its first contract to deliver internal audit services to a housing association in England, Wylie & Bisset has landed a second contract. The Scottish accountancy and business advisory firm recently won a contract with Rochdale Boroughwide Housing.