Excluding the impact of being a partner in an unincorporated business which is declared bankrupt, the two main routes into bankruptcy are by an individual submitting the appropriate form to the accountant in bankruptcy (AiB – a civil servant based in Ayrshire) or a creditor lodging a petition in court which results in the sheriff granting a bankruptcy award, writes Michael Reid.
Paul Angell, head of investment research at AJ Bell, looks at what happens when a prominent fund manager leaves or retires and the questions investors might ask themselves when deciding what to do.
Tax expert Stuart Petrie discusses the heightened scrutiny and increased enforcement efforts by HM Revenue and Customs (HMRC), emphasising the importance of taking any enquiries seriously, the methods used for tax recovery, and the benefits of voluntary disclosures to mitigate penalties and liabilities.
Entrepreneurship in Scotland is gaining traction among both young and older generations, writes Susan Nightingale, highlighting the support available and the diverse success stories within the start-up ecosystem.
It’s no surprise that the King’s Speech has sparked plenty of headlines, providing the first official opportunity for the new government to set out its plans for the future with key legislation and proposals, writes Jen Paice.
Overnight accommodation providers should be aware of the administrative challenges posed by the soon to be implemented Scottish Visitor Levy, writes Caroline Colliston.
Many would acknowledge that Scots law in relation to security over moveables has been behind the curve for some considerable time and that businesses based in or conducting business in Scotland have been disadvantaged as a result, writes Euan Cluness.
As Scotland’s councils are increasingly faced with tough budget decisions, the role of the chief financial officer (CFO) is critical in ensuring financial sustainability and stability in local government, writes Jo Armstrong – chair of Audit Scotland’s Accounts Commission.
Zander Muego discusses the complexities of decarbonising the UK’s existing housing stock, particularly social housing, in the pursuit of net zero targets while addressing fuel poverty and ensuring wider community benefits.
CEO of Scottish property portal ESPC, Paul Hilton, shares his thoughts on how the new UK government could help to bring about much-needed change in Scotland’s housing.