In the wake of high-profile cyberattacks on Marks and Spencer and Co-op, Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has highlighted the importance of SIEM (Security Information and Event Management) solutions as part of a robust third-party SOC (Security Operations Centre). Kevin McDermott, Senior IT Auditor in Wbg’s internal audit team, said…
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Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, has advised Glasgow-headquartered Hero Brands on its investment deal with US-based private equity firm True to support the UK and international growth of its Quick Service Restaurant (QSR) operation, German Doner Kebab (GDK). True’s multi-million-pound investment will assist GDK in its mission to redefine the…
Wbg, one of Scotland’s leading independent specialist full-service accountancy firms, is advising employers to prepare robust budgets and undertake a review of their payroll in response to the hike in labour costs and the raft of Budget-linked tax increases that came into force this month. This month saw the national living wage increase for everyone…
Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025. The Chancellor did meet her commitment that there would be no major tax announcements but tax is only one side of the equation. The other is spending and the Spring Statement confirmed a number of the measures recently announced For our…
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…
