Wbg, Accountants and Business Advisers, has appointed a seasoned specialist to manage and grow its burgeoning payroll team. Margaret Egan has over 30 years’ payroll experience operating the full gamut of software packages and advising clients on all the increasingly complex and ever-changing processes and regulations involved in the vital accountancy function. “At the start…
Wbg, Accountants and Business Advisers, has beaten a number of national and international accountancy practices to secure first place in a Department for Education tender to provide funding assurance work over the next four years. The win follows the firm being named last year as the sole independent Scottish accountancy practice to be awarded slots…
In our latest blog, our Head of Charities, Jenny Simpson, considers two common problem areas for charities utilising gift aid; The gift aid scheme potentially allows charities to boost their income from donations but is not without its pitfalls. On the whole charities are familiar with the requirement to hold and keep a valid gift…
Wbg, Accountants and Business Advisers, has advised company directors who applied for a Bounce Back Loan but are now struggling to meet their repayments, to speak to an accountant to assess the viability of their business going forward and explore their options to avoid the risk of prosecution. In April 2020, at the outset of…
Wbg, Accountants and Business Advisers, has broadened its charity expertise with two of its audit managers having been awarded a prestigious Diploma in Charity Accounting (DChA) by the Institute of Chartered Accountants in England and Wales. The DChA is only awarded to those individuals who can demonstrate a high level of competence in charity accounting…
In our latest blog, our Head of Charities, Jenny Simpson, provides some helpful suggestions for Trustees; Trustees give their time and skills freely to the charities they work with, so it is important that they have an awareness of the complexities they face if a charity experiences financial difficulties and potential insolvency. In extreme circumstances,…
Wbg, Accountants and Business Advisers, has promoted two long-standing staff members to director level. The promotions see insolvency and business recovery team associate director Paul McDougall, with almost 16 years’ service, become a director, and senior internal audit manager Stephen Pringle, with 11.5 years’ service with the firm become internal audit director. Donald McKinnon, managing…
With the price of food, fuel, energy, clothes, travel costs and rent continuing to increase as inflation rises, Wbg, Accountants and Business Advisers, is advising SMEs to adopt a ‘trench warfare mentality’ and adapt their Covid working from home plans to help employers and employees cope with the cost-of-living crisis. Mark Mulholland, partner in the…
With Scottish Engineering’s latest survey revealing that rising prices and skills shortages are causing concern among engineering companies, requiring them to consider innovation, product leadership and efficiency drives, Wbg, Accountants and Business Advisors, is advising engineering companies apply for R&D tax credits for qualifying projects. Shehzad Ashaq, corporate tax director at Wbg, said that with…
In our latest blog, our Head of Charities, Jenny Simpson, looks at the potential tax implications of fundraising events; It’s a common misconception that charities don’t pay taxes. Whilst there are generous tax exemptions for charities, if they operate out with the available exemptions they can be subject to tax on any profits made. Fundraising…
