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).
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.
Dundee-headquartered Thorntons Wealth Management, with offices in Aberdeen and Edinburgh, has acquired Edinburgh-based financial planning firm Robson Macintosh.
Johnston Carmichael has partnered with European accelerator and early-stage advisory firm Mountside Ventures to empower emerging VC managers and bolster the fundraising system.
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.
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.
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.
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).
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.
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.