Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, is advising business owners to act now ahead of the forthcoming Making Tax Digital (MTD) mandate. MTD is the government’s initiative to implement a fully digital tax system in the UK, whereby taxpayers keep digital records and use MTD-compatible software to make tax submissions electronically….
Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, is urging doctors affected by the McCloud remedy to review their tax implications on receipt of their Remediable Service Pension Savings Statement (RS PSS), due by March 2025. The McCloud remedy removes the age discrimination judged to have arisen in the NHS Pension Scheme resulting…
Wbg, one of Scotland’s leading independent specialist accounting, tax, and audit firms, says that the biggest problem facing SMEs requiring a statutory audit is finding an auditor with the correct skills, level of resource, and available timings to satisfy its requirements at a viable fee level. The firm is responding to the launch of a…
Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has urged taxpayers who missed the Self-Assessment tax return deadline not to bury their head in the sand but instead take immediate action. According to HMRC, over 11.5 million taxpayers successfully filed their Self-Assessment tax returns by the deadline. But an estimated 1.1 million individuals…
Wbg, one of Scotland’s leading independent specialist accounting, tax, and audit firms, has warned directors against the repercussions of failing to deal with failing companies in the proper manner and illegal ‘phoenixing’. The caution follows reports that a Scottish company director used a ‘corporate rescue’ process to shut down his winter sports business and dodge…
Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, says that an imminent shift to real-time payroll reporting represents a transformative change for businesses. Set to take effect in April 2026, the new real-time payroll reporting rules will require businesses to report income tax and Class 1A National Insurance Contributions (NICs) for most benefits-in-kind…
Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has appointed two directors to its expanding Glasgow office. Alison Webster joins the firm’s Business Advisory Services team while Peter Clark joins its Internal Audit team. In her most recent role, Ms Webster was a director with Azets and brings with her over 27 years’…
Our in-house R&D tax credits specialist, Corporate Tax Director Shehzad Ashaq, looks at how R&D changes have impacted claims. Research and development (R&D) tax relief is a generous incentive that supports companies to invest in innovative projects in science and technology. This relief has been a vital source of support for businesses. You can find…
Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, is advising shareholders of family trading companies to consider their options to ensure that the Business Property Relief (BPR) cap fits. The advice follows Chancellor Rachel Reeves’s announcement of significant changes to the UK Inheritance Tax (IHT) regime in her budget. From 6 April 2026,…
Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, 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…
