ScottishNews.com

Finance

Highland Council finances receive Audit Scotland seal of approval

Published 8 months ago

Audit Scotland’s Annual Audit Report 2023/24 has commended The Highland Council for its effective financial management and governance arrangements.

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Fiscal drag pushes hundreds of thousands more taxpayers into 60% bracket

Published 8 months ago

New figures have revealed a dramatic increase in the number of UK taxpayers facing a 60% tax rate on a portion of their earnings.

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Bitcoin reaches $100,000 for first time

Published 8 months ago

Bitcoin has reached a long-awaited milestone, rising above $100,000 (c. £78,000) for the first time in its history.

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Scottish start-up SENGUARD wins £75,000 to shield over-50s from cybercrime

Published 8 months ago

A Scottish company dedicated to defending the over-50s from online threats has secured £75,000 from Scottish EDGE that will enable it to accelerate product development and support upcoming investment rounds.

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Wbg: Scottish Budget offers some good news for hospitality sector while uneven playing field remains intact

Published 8 months ago

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.

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‘More clarification needed’ after Scottish Budget spending plans unveiled

Published 8 months ago

“More clarification needed” was the overarching view of tax specialists at MHA following unveiling of the Scottish Government’s Budget.

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BDO: One third of Scottish businesses have experienced fraud in the last five years

Published 8 months ago

More than one third (35%) of Scottish businesses have experienced fraud in the last five years, a new survey from BDO has found.

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BoS: Scottish business confidence takes a tumble

Published 8 months ago

Business confidence in Scotland fell 13 points during November to 31%, according to the latest Business Barometer from Bank of Scotland.

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SBP partners with Aberdeenshire Council to deliver FA accountancy

Published 8 months ago

SBP Accountants & Business Advisers (SBP) – which has offices in Aberdeen, Peterhead, Fraserburgh and Banff – has announced an exciting partnership with Aberdeenshire Council FA Team and their delivery in both Peterhead and Portlethen Academies, offering students an invaluable opportunity to gain practical experience in the accountancy field as part of their FA Accountancy award.

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Coventry’s £780m Co-op Bank takeover gets green light

Published 8 months ago

Coventry Building Society’s acquisition of the Co-operative Bank has been approved by regulators, paving the way for the creation of a major banking force with combined assets of £89 billion.

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Nationwide reaps £2.3bn windfall from Virgin Money takeover

Published 8 months ago

Nationwide Building Society has announced a £2.3 billion gain from its recent acquisition of Virgin Money, exceeding its initial forecast of £1.5bn.

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Afghan woman graduates with Masters in Accounting and Finance from Dundee after fleeing Taliban

Published 8 months ago

Shabnam Hassan Khan, an Afghan refugee, has shared her story after graduating from the University of Dundee with a Masters in Accounting and Finance.

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Azets: Scottish businesses face £3bn employment tax hike

Published 8 months ago

Scottish businesses are faced with a significant increase in employment costs, with estimates suggesting an additional £3 billion burden, due to the UK government’s rise in employer national insurance contributions (NIC) to 15%.

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Retail groups urge Scottish Government to match UK rates relief

Published 8 months ago

Nine business groups representing the retail industry have jointly written to the Scottish Government’s Finance Secretary, Shona Robison MSP, asking her to ensure retailers in Scotland are awarded rates relief for 2025-26.

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BDO breaks £1bn revenue and boosts partner payouts by 12%

Published 8 months ago

BDO has exceeded £1 billion in revenue for the first time in its century-long history.

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