Further changes to pensions are ahead but when will we get clarity, asks KATIE MEARNS Another year, another Autumn Statement. Much of what we heard was possibly offered with a likely General Election in mind, but one area of import that did get a mention was that of pensions. The pre-briefing of this year’s Statement […]
Finance and legal
ID checks will ensure more transparency
A new filing era beckons and NATASHA EDGECOMBE outlines how SMEs can get ahead of the game To enhance corporate transparency and prevent the UK economy being abused by organised criminals and kleptocrats, the much-awaited Economic Crime and Corporate Transparency Act 2023 (ECCTA), came into force in late October, bringing with it sweeping changes to […]
Be prepared for rising tax bills
Your company may be subject to a sharp rise in corporation tax and smaller allowances, says MARK PRYCE Soaring corporation taxes of up to 25%, shrinking allowances and new advance payment rules will hit more than 40% of Scottish businesses with year ends between December and next March and could seriously affect cash flow and […]
Don’t forget to prepare your exit plan
Business owners must avoid losing value when the time comes to sell, says GRAHAM CUNNING Winning orders, tackling costs, planning expansion and hiring talented staff will help keep a business owner’s growth plans on track. But one other issue has to be factored into the forward plan – when and how to exit, and at […]
Material questions raised over RAAC
Property transactions are now likely to include extra checks on construction methods, writes KATIE CORRIGAN The risk posed by Reinforced Autoclaved Aerated Concrete (“RAAC”) has been high on the news agenda with many schools in England postponing the start of term or closing. Attention has focused on schools and other public buildings, but RAAC was […]