Events & Insights

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…

Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has called for next month’s Scottish Government Budget to provide relief to SMEs struggling with rising operating costs in an increasingly challenging economic environment. Chancellor Rachel Reeves’ first budget announced a rise in employer National Insurance contributions. Starting April 2025, employers will pay NI at…

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

While Scottish Land & Estates has warned of a triple blow to Scotland’s rural businesses caused by the budget, Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has cautioned farmers against a kneejerk response to budget announcements. Rachel Reeves’ budget heralded a cut to Agricultural Property Relief, ‘Barnetisation’ of the Agriculture Budget and…

Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has introduced a financial wellbeing support service aimed at employers seeking to help colleagues access debt support. Paul McDougall, Insolvency Practitioner at Wbg, said: “Managing debt can be overwhelming and stressful, affecting employees’ personal and work lives, including job performance. “Debt stress can cause sleep…

Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has warned that new rules introduced by Chancellor Rachel Reeves in her first budget under the new Labour government are likely to be particularly burdensome to charities. One of the headline points which will impact business across the country was the amendments to Employers National…

Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has warned that upcoming budget changes may deliver a harsh blow to employers, with implications that could shake the foundations of many industries. The Employer National Insurance Contributions (NIC) rate, currently at 13.8%, is set to rise to 15% in April 2025. Craig Allison, Associate…

Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has opened a new office in Prestwick to offer support to the local business community through the provision of expert business advice not readily available elsewhere in Ayrshire. The new office is located at 104 Main Street and is serviced by a dedicated senior team,…

For Trustees’ Week 2024, one of our charity specialists, Director Rory McCall, is building on theme of recruitment and retention by sharing knowledge with trustees. Introduction to charity accounting standards The accounting rules for charities, set out in the Charities SORP (Statement of Recommended Practice) derive from Financial Reporting Standard 102 (FRS102) which is published…