A common misconception about the additional tax relief available to companies undertaking Research and Development (‘R&D’) activities is that it is only available for companies that are in high tech or scientific industries. However, this couldn’t be further from the truth.
National Insurance Contributions
After trading through the uncertainty of 2020, Scotland's construction sector is not out of the woods yet.
If you type “What is the future of audit?” into Google (other search engines are available) there are a range of themes and opinions evident. One prediction is the break-up of the dominance held by the global audit firms leading to increased competitiveness. Another is the shifting of stakeholder expectations from the traditional mantra of auditors being “watchdogs and not bloodhounds” in the wake of numerous high-profile failures. There is also the concern that the audit process does not add value because it is too focused on the past.