News

DEALS
Consilium advise Cofficient on successful transition to Employee Ownership
16th APR 2024
Scottish accountancy and business advisory firm Consilium Chartered Accountants have advised Cofficient on the successful transition to empl ...
INSIGHTS
Self-assessment: why tax returns are still taxing
15th APR 2024
Personal Tax expert Joyce Fleming delves into the archives to look at what came before self-assessment tax returns and asks if the current s ...
DEALS
Consilium advises EDC Group on their successful transition to Employee Ownership
10th APR 2024
Consilium Chartered Accountants are delighted to have advised EDC Group on the successful transition to an Employee Ownership Trust (EOT). G ...
INSIGHTS
Minimum Wage and Living Wage increases are coming
26th MAR 2024
For business owners, April 1st heralds changes to pay rates for all employees but especially young employees. The National Minimum Wage and ...
INSIGHTS
Budget 2024: winners and losers
8th MAR 2024
In every UK Budget, as in life, there are winners and losers. For every person out living the high life celebrating a big lottery win, there ...
CASE STUDY
Deep dive: how Consilium helped Caldive unlock their business potential
26th FEB 2024
In the world of maritime services and deep-sea diving, precision and data are paramount. Ross-shire-based Caldive Limited found themselves f ...
PEOPLE
Consilium and the ICAS Foundation join forces to boost diversity in Accountancy
20th FEB 2024
Imagine an accountancy profession that is socially diverse and open to all. That is the ambitious vision driving a new partnership between C ...
INSIGHTS
Payrolling of employer provided benefits: is your business ready?
12th FEB 2024
Are you a UK business owner grappling with mountains of paperwork? Brace yourself, because your benefits administration is about to get a di ...
INSIGHTS
Perplexing Payroll: why businesses are choosing Payroll outsourcing
5th FEB 2024
Payroll. The mere mention of it can send shivers down the spines of even the most seasoned business owners and financial controllers. Ever-c ...
INSIGHTS
UK Company Law: big changes coming in March 2024
29th JAN 2024
Big changes to UK Company Law are coming in March 2024 that will impact businesses of all sizes. Accounting and Business Services Associate ...
CASE STUDY
Consilium secure £450k grant for James Scott and Sons
23rd JAN 2024
When James Scott and Sons were introduced to Consilium Chartered Accountants, they faced two challenges: how to fund a move to new premises ...
DEALS
Consilium provides FDD services as Smedvig Capital invests in Sweden’s Minut AB
12th DEC 2023
Consilium Chartered Accountants are delighted to have provided financial due diligence services to Smedvig Capital as they invest in the Swe ...
PEOPLE
Defining values, decoding colours: the Consilium brand story
6th DEC 2023
Clients, friends and interested observers will have noticed some changes at Consilium Chartered Accountants recently. A refreshed brand iden ...
INSIGHTS
2023 Autumn Statement commentary
24th NOV 2023
As a result of an ill-considered poll on LinkedIn earlier this week, our 2023 Autumn Statement commentary will have the theme of TV quiz sho ...
PEOPLE
Consilium strengthens senior team with internal promotions
14th NOV 2023
Glasgow-based Consilium Chartered Accountants have strengthened their senior management team with a round of internal promotions. Having rec ...
PEOPLE
What is it like to be a Consilium Graduate trainee?
19th SEP 2023
When it comes to deciding where to begin your Chartered Accountancy career after graduation, there are plenty of options. While graduate tra ...
INSIGHTS
Investment opportunities unlocked: navigating the Enterprise Investment Scheme
11th SEP 2023
The Enterprise Investment Scheme (EIS) is an important UK tax relief, particularly at a time when companies may struggle to borrow from bank ...
INSIGHTS
The cost savings of using Cloud Accounting
4th SEP 2023
Scottish small and medium-sized businesses (SMEs) face many challenges, and one of the most significant is managing their finances. Traditio ...
DEALS
Consilium advises shareholders of JWF Process Solutions on Nevis Capital buy-in
22nd AUG 2023
Glasgow-based engineering firm JWF Process Solutions has secured a significant investment from Nevis Capital. The deal, which was advised by ...
INSIGHTS
The importance of industry experience in financial due diligence
16th AUG 2023
Undertaking financial due diligence is a fundamental step in the process of selling a business. This comprehensive review of a company’s fin ...
INSIGHTS
The benefits of financial due diligence
7th AUG 2023
Buying a business is expensive; both in monetary terms and in the management time required to execute a deal. However, as Corporate Finance ...
DEALS
Consilium advises Martin Precision as business transfers to Employee Ownership Trust
3rd AUG 2023
Precision engineering business Martin Precision Ltd has transferred to employee ownership thanks to advice and support from Consilium Charte ...
INSIGHTS
The benefits of Cloud Accounting for UK small businesses
4th JUL 2023
Small business owners often wear many hats, from CEO to office manager, and everything in between. One of the most important roles is the ac ...
PEOPLE
Netball star with a head for numbers aims for World Cup glory
26th JUN 2023
With a plane ticket to South Africa for the 2023 Netball World Cup in her pocket, Consilium CA trainee and Scotland goal shooter Beth Goodwi ...
DEALS
Consilium provides FDD to Smedvig Capital for €6m investment in EdgeTier
19th JUN 2023
Consilium Chartered Accountants have supported Smedvig Capital in the successful completion of a €6 million investment round into EdgeTier, ...
DEALS
Consilium advises shareholders of Lothian Building Supplies on disposal to JW Grant
14th JUN 2023
Owner-managed business specialists, Consilium Chartered Accountants have provided lead and tax advisory services to the shareholders of Loth ...
INSIGHTS
This is why an external audit is good for your business
9th JUN 2023
“An external audit is good for your business”. Chartered accountants get a range of responses when they say this alternating between suspici ...
INSIGHTS
Succession and tax planning for family businesses
31st MAY 2023
Succession and tax planning for family businesses can be complex issues to navigate. It is essential for family business owners to have a cl ...
INSIGHTS
What are the accounting and tax implications of providing employee benefits?
30th MAY 2023
As a UK business owner, it is essential to understand the accounting principles and tax implications of providing employee benefits. Offerin ...
DEALS
ThinCats choose Consilium for FDD as part of Dot Surveying deal
11th MAY 2023
Consilium Chartered Accountants have provided financial due diligence (FDD) services to ThinCats Group as part of the sale of Dot Surveying ...
INSIGHTS
Taxable expenses and benefits: a guide for UK business owners
11th MAY 2023
Calculating and reporting taxable expenses and benefits for employees can be time-consuming and complex for business owners. In this article ...
INSIGHTS
Tax implications of leasing vs buying equipment
5th MAY 2023
While both options have pros and cons, it is crucial to understand the tax implications of leasing vs buying equipment as Consilium Tax expe ...
DEALS
Consilium provide FDD to Foresight Group for £4m investment in Firefish Software
3rd MAY 2023
Glasgow-based Consilium Chartered Accountants have provided financial due diligence services to Foresight Group in respect of their £4m inve ...
INSIGHTS
The role of Management Accounting in strategic decision making
24th APR 2023
Management accounting is a vital tool that helps businesses to make informed decisions based on financial data. It involves the collection, ...
INSIGHTS
6 Inheritance Tax planning mistakes to avoid
18th APR 2023
Inheritance Tax (IHT) planning is an essential part of estate planning for high-net-worth business owners and entrepreneurs in the UK. When ...
INSIGHTS
UK land and property disposals and Capital Gains Tax
17th APR 2023
Capital Gains Tax is a complex topic at the best of times. When it comes to UK land and property disposals it is even more so. In our latest ...
INSIGHTS
Insights: Spring Budget 2023 commentary
22nd MAR 2023
The Chancellor’s alliterative theme of the Spring Budget 2023 was the four E’s of Enterprise, Employment, Education and Everywhere. Such ent ...
INSIGHTS
Insight: UK Chancellor’s 2023 spring budget
15th MAR 2023
Chancellor Jeremy Hunt went one better than 4 of his 5 predecessors today in that he delivered a Budget. Consilium Tax partner Craig Coyle o ...
DEALS
Consilium advise Electric Heating Company on £3.8m investment
16th FEB 2023
SME specialists Consilium Chartered Accountants have provided corporate finance and tax advisory services to the Electric Heating Company (E ...
INSIGHTS
Time to plan for the end of capital expenditure super deductions?
15th FEB 2023
Since 1 April 2021, so-called tax ‘super deductions’ have been available on qualifying spend on plant or machinery. With super deductions du ...
INSIGHTS
Investors’ Relief: the forgotten million-pound opportunity?
14th FEB 2023
For Consilium’s latest insight, Craig Coyle looks at the frequently overlooked Investor’s Relief and the tax benefits it can offer to invest ...
INSIGHTS
A short guide to Employee Ownership Trusts
17th JAN 2023
When it comes to business disposals, an increasingly popular option is the Employee Ownership Trust. Corporate Finance Partner Linzi Wilson ...
INSIGHTS
Rising interest rates make late tax payments more costly
9th JAN 2023
Rising interest rates are a challenge for businesses at any point. However, as Tax specialist Duncan McKellar explains they are a major issu ...
INSIGHTS
Government delays digital Income Tax Self Assessment for self-employed
21st DEC 2022
The UK government announced this week a significant change to Making Tax Digital (MTD) for Income Tax Self Assessment. Self-employed individ ...
INSIGHTS
Insight: HMRC’s new VAT penalty regime and the increased cost of non-compliance
15th DEC 2022
As VAT specialist Martin Kerr outlines in Consilium’s latest insight report, late submission or payment is about to become a lot more costly ...
INSIGHTS
Insight: in a time of rising costs, knowing your breakeven point is essential
6th DEC 2022
Our latest insight comes from Accounts and Business Services Partner Derek Shaw as he highlights why business owners need to know their brea ...
PEOPLE
Redefining our values (with a bit of help from Scottish Athletics and Gregor Townsend)
22nd NOV 2022
How can the culture of a company be defined? Are company values just a nice thing to have or critical for business success? Tricky questions ...
INSIGHTS
The Autumn Statement: less growth, more plan?
21st NOV 2022
Consilium Tax Partner Craig Coyle takes a deep dive into the UK Chancellor’s Autumn Statement and the implications for taxpayers and b ...
INSIGHTS
Tax insight: UK Autumn statement 2022
17th NOV 2022
The UK Chancellor today – 17 November 2022 – delivered his Autumn Statement, in effect a Budget aimed at repairing the damage do ...
PEOPLE
Senior management promotions announced by Consilium Chartered Accountants
9th NOV 2022
Scottish firm Consilium Chartered Accountants have announced a round of internal promotions that will further enhance the company’s prospect ...
PEOPLE
Dual careers: win on Sunday, study on Monday
7th NOV 2022
Ever wondered with it’s like to be a professional sportsperson while holding down a full-time job? All while sitting some of the toughest pr ...
DEALS
Consilium advise Instinctive BI on sale to Version 1
1st NOV 2022
Glasgow-based firm Consilium Chartered Accountants have provided corporate finance and tax advisory services to Instinctive BI as part of th ...
INSIGHTS
Family Investment Company: pass on wealth, keep control & minimise tax
12th OCT 2022
This month’s insight comes from Consilium Tax Partner Craig Coyle as he examines thebenefits of a Family Investment Company, as part of Inhe ...
PEOPLE
Anne McCulloch joins Consilium as Senior Tax Manager
11th OCT 2022
Consilium Chartered Accountants are delighted to announce that Anne McCulloch has joined the firm from RSM. Taking up the role of Senior Tax ...
INSIGHTS
Insight: UK Chancellor’s Growth Plan mini-budget – September 2022
23rd SEP 2022
Billed as the Government’s response to soaring energy costs and inflation, Consilium Chartered Accountants Tax Partner Craig Coyle ass ...
DEALS
Consilium advise Panoramic Equity on investment in Aluminium & Plastics Systems
6th SEP 2022
Consilium Chartered Accountants are delighted to have provided financial due diligence services to Panoramic Growth Equity as part of their ...
DEALS
Consilium advise Campbell Thomson Insurance Services on sale to Verso Wealth Management
22nd AUG 2022
Consilium Chartered Accountants recently provided corporate finance and tax advisory services to Campbell Thomson Insurance Services Limited ...
PEOPLE
Consilium Q&A: Beth Goodwin, Scotland netballer
2nd AUG 2022
As the 2022 Commonwealth Games continue in Birmingham, we caught up with our colleague, CA trainee and netballer Beth Goodwin for a chat abo ...
PEOPLE
Consilium’s star student goes for gold at Birmingham 2022
25th JUL 2022
On the eve of the 2022 Commonwealth Games, Consilium trainee and netball star Beth Goodwin shared her thoughts on representing Scotland and ...
PEOPLE
Craig Coyle joins Consilium Chartered Accountants as Tax Partner
19th JUL 2022
Consilium Chartered Accountants are delighted to announce the appointment of Craig Coyle as Tax Partner. Joining the existing Partner team, ...