Events & Insights

Our newsletter articles, written by experts, provide up to date information on the latest tax and business news.

With a recent survey by the Scottish Hospitality Group finding that more than two thirds of operators in Glasgow have seen footfall drop, with some 63% blaming the introduction of the Low Emission Zone (LEZ) and poor public transport, Wbg, Accountants and Business Advisers, is urging bar and restaurant owners in Glasgow city centre to…

With HMRC forecasting that 283,400 estates will face Inheritance Tax (IHT) by 2028, Wbg, Accountants and Business Advisers, is urging clients to seek an early assessment of their IHT exposure and plan ahead. Last year Chancellor Jeremy Hunt opted to maintain the individual IHT threshold at £325,000 until April 2028 alongside the Residential Nil Rate…

Accountants and Business Advisers Wbg has questioned the logic of changes to R&D tax credits that favour large companies over SMEs. From 1st April 2023, SMEs have seen R&D tax credits relief on qualifying costs reduce from an enhancement of 130% to 86% and, for loss-making companies, repayable credit reduce from 14.5% to 10%, whereas…

Our newsletter articles, written by experts, provide up to date information on the latest tax and business news.

Wbg, Accountants and Business Advisers, has announced a raft of promotions encompassing the firm’s audit, business advisory services, insolvency, payroll, and tax departments. Having helped grow the fee income and client base of its external audit team significantly over recent years, Sandy Hogg and Rory McCall have been promoted to Associate Director as part of…

In this month’s charity blog, Charities Manager, Rory McCall, looks at preparing the Trustees’ Annual Report. One of the most important tasks to be carried out when preparing the financial statements each year is the preparation of the Trustees’ Annual Report (TAR). The TAR is the narrative part of a set of financial statements which provides lots…

Wbg, Accountants and Business Advisers, has said that profitable businesses that suffered financially during the coronavirus pandemic are now being squeezed by a cost-of-living crisis which has led to a high level of Scottish insolvency activity. The number of insolvency-related activities in Scotland has reached its highest level this year, according to new research from R3,…

Our newsletter articles, written by experts, provide up to date information on the latest tax and business news. Some of the articles in this issue include: Hybrid and flexible: live issues for employers Plastic packaging tax update Short-term property let:  does HMRC need to know? …..and much more

In our latest blog, Charities Manager, Rory McCall, looks at identifying related party transactions in your charity: Related party transactions, being transactions that a charity undertakes with a person or entity closely connected to it, must be disclosed in a set of charity financial statements. There are many examples of what constitutes a related party transaction, but some…