Events & Insights

The threat of an extension to the vaccine passport scheme has prompted accountants Wbg to forecast a bleak mid-winter for hospitality sector operators juggling to cope with a drop in customer traffic while facing the prospect of rising admin costs. Deputy First Minister and Covid Recovery Secretary John Swinney has warned that Scots could be…

Accountants Wbg has drawn attention to the government’s intention to streamline tax return reporting for the self-employed to a fiscal year basis that was buried away in the tax impact notes behind Chancellor Rishi Sunak’s headline Budget measures of last week. While the Budget speech itself was relatively quiet on taxation measures, background documents set…

Wbg is advising SMEs to consider raising prices in the face of a rising cost burden coupled with supply chain uncertainty. Scottish firms raised prices last month at the sharpest rate since 1999 in the face of severe inflationary pressures with the latest Royal Bank of Scotland purchasing managers’ index suggesting companies were having to…

Wbg, the leading Glasgow-based accountants, has appointed Scott Grant, a seasoned head of sales with demonstrable success driving profitable growth in highly competitive markets, as its first ever Business Development Director. Experienced at developing new customer networks and maintaining strong relationships with strategic accounts, Mr Grant has experience of leading management teams and developing strong…

With the number of Scottish Fintech SMEs having grown by more than 50 percent during the 18 months of the pandemic, accountants Wbg is urging these early-stage firms to explore the range of funding and commercialisation opportunities at their disposal. Wbg Partner Andrew Cowling said that, as more businesses adopt hybrid working arrangements, driven largely…

Accountants Wbg has appointed Mark Mulholland as a partner to its burgeoning Business Advisory department. Formerly a partner at Alexander Sloan, Mr Mulholland is a trusted business adviser with over 30 years’ experience who specialises in working with commercial organisations, in particular the farming sector. An independent examiner for a number of charities, he also…

Ahead of COP26, the 2021 United Nations climate change conference in Glasgow at the end of October, Accountants Wbg is urging SMEs to futureproof themselves against the sustainability demands of Generation Z. And it recommends SMEs sign up to the new Google and Planet Mark free training programme to help them reduce their emissions as…

With many SMEs confronting an imminent cash flow crisis, caught between the covid related slowdown, longer dated trading terms and the culmination of the furlough scheme, accountants Wbg are advising SMEs to plan for the worst and hope for the best. That’s because many operators have accrued significant debts over the last 18 months as…

Accountants Wbg believes HMRC’s interest in enforcement of the Loan Charge legislation will again be given priority when HMRC staff are fully returned to pre-Covid roles. Catherine McManus, Tax Partner at Wbg, hopes that HMRC will work with taxpayers to come to fair, workable resolutions to open cases and unpaid tax bills. Historically, some organisations,…

With Covid cases in Scotland having roughly doubled every week since restrictions eased, and with the culmination of the furlough scheme imminent, accountants Wbg are advising hospitality sector operators to do cashflow forecasts as a matter of urgency. That’s because many operators have accrued significant debts over the last 18 months as they have struggled…