ScottishNews.com

Finance

Wylie & Bisset urges proactive planning amid rising tide of inheritance tax

Published 1 year ago

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.

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Armstrong Watson bolsters Glasgow office with series of appointments and promotions

Published 1 year ago

Accounting and financial advisory firm Armstrong Watson has made a number of key promotions and appointments in its Glasgow office.

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R3: Overdue invoices in Scotland fall by almost 131,400 year-on-year

Published 1 year ago

Businesses in Scotland had 131,396 fewer unpaid invoices on their books in July 2023 than July 2022, according to new research from R3, the UK’s insolvency and restructuring trade body.

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Scots businesses hold £50bn in surplus cash

Published 1 year ago

Private businesses in Scotland have accumulated and now hold an average daily balance of £50 billion in their bank accounts, according to recent data from Azets.

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Consilium advises shareholders of JWF Process Solutions on Nevis Capital investment

Published 1 year ago

Consilium Chartered Accountants have acted for the shareholders of JWF Process Solutions as Nevis Capital acquired a significant stake in the Glasgow-based specialist engineering firm.

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Michael Reid of Meston Reid & Co appointed liquidator of Huntly and District Ex-Servicemen’s Club

Published 1 year ago

Michael Reid, of Meston Reid & Co, has been appointed liquidator of Huntly and District Ex-Servicemen’s Club - a once-thriving historic social club.

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Exports boost Scotland’s economy amid 20% rise

Published 1 year ago

Scottish Development International (SDI) has revealed a notable surge in Scotland’s export figures, showcasing the country’s robust global appeal in spite of recent economic headwinds.

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Glasgow’s LEZ penalties drives demand for salary sacrifice schemes

Published 1 year ago

A marked surge in demand for tax-efficient salary sacrifice schemes that allow employees to purchase low emission zone (LEZ) compliant electric cars has been triggered following a staggering 6,000 penalty charge notices in July amid

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Techscaler takes North American investors on roadshow to meet Scottish start-ups

Published 1 year ago

Techscaler, the start-up support programme run by CodeBase, embarks on a nationwide investor roadshow for Scottish startups next week, with the Unlocking Opportunities: VC Insights for Scottish Tech Founders series visiting Edinburgh, Glasgow, Dundee, and Inverness between 21-25 August.

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The Data Lab innovates funding search with AI-powered tool

Published 1 year ago

Scotland’s The Data Lab has unveiled a new AI-powered tool, ‘Funding Finder’, aimed at streamlining the process for businesses seeking financial backing across the UK.

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Scotland witnesses 41% year-on-year spike in company insolvencies

Published 1 year ago

There was a notable increase in company insolvencies last month with 97 cases registered in Scotland, marking a 41% rise from the previous year.

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Foras to showcase Scottish startups in Lisbon

Published 1 year ago

A team of leading individuals from Scotland’s entrepreneurial scene have announced a new trip to showcase innovative Scotland-based businesses in Europe.

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Jewellery school Vanilla Ink CIC receives £45,000 funding boost from SIS

Published 1 year ago

Scotland’s largest independent jewellery school, Vanilla Ink CIC, has expanded its footprint in the east end of Glasgow, with new studio space to help budding jewellers get their business ideas off the ground.

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Glasgow-based Hayward Tyler buys Slack & Parr out of administration

Published 1 year ago

Hayward Tyler Fluid Handling Limited, a Glasgow-based subsidiary of Avingtrans PLC and a designer and manufacturer of performance-critical electrical motors and pumps, has purchased Slack & Parr Limited and its investment counterpart out of administration.

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Glasgow’s cultural and medical institutions invest in financial wellness initiatives

Published 1 year ago

Scottish Opera and the Royal College of Physicians and Surgeons of Glasgow, two Glasgow institutions with a combined workforce exceeding 350, have forged a strategic partnership with Glasgow Credit Union.

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