ScottishNews.com

Finance

Entrepreneurs say raising capital gains tax wouldn’t stop them investing

Published 8 months ago

Increasing capital gains tax (CGT) will not lead to lower investment, slower growth or reduced entrepreneurship, according to analysis from the Institute for Public Policy Research (IPPR).

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Abrdn calls for immediate stamp duty cut on FTSE 250 shares

Published 8 months ago

Global investment company abrdn is calling for urgent measures to be brought in to protect and support listed smaller companies in the UK – including immediately abolishing stamp duty on FTSE 250 shares.

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Thorntons Wealth’s assets near £1bn following Robson Macintosh deal

Published 8 months ago

Dundee-headquartered Thorntons Wealth Management, with offices in Aberdeen and Edinburgh, has acquired Edinburgh-based financial planning firm Robson Macintosh.

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Johnston Carmichael partners with Mountside Ventures to support new VC talent

Published 8 months ago

Johnston Carmichael has partnered with European accelerator and early-stage advisory firm Mountside Ventures to empower emerging VC managers and bolster the fundraising system.

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Three PE firms eye Grant Thornton UK for potential £1.5bn buyout

Published 8 months ago

Grant Thornton UK has attracted interest from several private equity firms.

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UK CPI inflation drops below 2%, but rebound expected

Published 8 months ago

UK inflation fell to 1.7% in September, dropping below the Bank of England’s 2% target for the first time since April 2021.

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SRC: £13m potential business rates hike for Scots shops

Published 8 months ago

A new analysis from the Scottish Retail Consortium has suggested shops in Scotland could see a £13 million hike in their business rates bills from April.

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Azets: Radical tax changes could impact wealth creation and cost the Treasury more money

Published 8 months ago

An Aberdeen tax expert has warned that potential drastic changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT) as part of Labour’s Autumn Budget could stifle wealth creation and cost the Treasury more than it hopes to generate.

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Highlands firm Kennedy Accountancy scoops top honours at UK Accounting Excellence Awards

Published 8 months ago

Kennedy Accountancy, a firm based in Auchtertyre, Lochalsh, has won two awards at the 2024 Accounting Excellence Awards.

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CJ Lang & Son shares cautious outlook as pre-tax profits grow 8% to £4m

Published 8 months ago

Dundee-based SPAR wholesaler and convenience retailer CJ Lang & Son Ltd has reported a 14.2% rise in net turnover to £253 million and an 8% increase in pre-tax profits to £4m for the year ended 28 April 2024.

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Distinguished Chartered Accountant receives RCPSG honorary fellowship

Published 8 months ago

The Royal College of Physicians and Surgeons of Glasgow has conferred Professor Mark Allison CA as an Honorary Fellow.

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SCC: Tax uncertainty clouds business confidence

Published 8 months ago

Scottish business fears are growing over potential tax increases and the uncertainties surrounding the upcoming Autumn Budget, according to the Scottish Chambers of Commerce (SCC).

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Industry figures call for whisky duty cut as revenue drops by £300m

Published 8 months ago

Several of Scotland’s business and sector organisations have called on the UK government to reduce the tax burden on Scotland’s national drink ahead of the 30 October Budget.

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Smart Data Foundry and Research Data Scotland collaborate to enhance financial data access

Published 8 months ago

Smart Data Foundry (SDF) and Research Data Scotland (RDS) have partnered to streamline secure researcher access to public sector and financial data.

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Aberdeen celebrates rising stars and future leaders in finance and insurance

Published 8 months ago

Graduates and young professionals were urged to “stay curious” as around 125 north-east businesspeople descended on Aberdeen’s Union Kirk for a night toasting the achievements of those working within the financial planning and insurance sectors.

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