We provide a local network for members, through our volunteer groups we offer support, help and advice to members across Scotland. We also offer a programme of professional development and business networking events and represent the interests of members to the wider business community.
ICAEW responds to the Scottish government’s draft plan to create a circular economy by 2030, calling for the private sector and the profession to take a central role.
Over the past decade, Scotland has made remarkable strides in renewable energy deployment, doubling its renewable generation capacity to c.15 Gigawatts (‘GW’) today. The Scottish Government has set ambitious targets to add an additional 20GW of capacity by 2030. Scottish businesses are at the heart of driving deployment and achieving Scotland’s Net Zero ambitions.
On 19 December, Deputy First Minister Shona Robison presented the Scottish Budget for 2024 to 2025 to the Scottish Parliament.
The latest national Business Confidence Monitor (BCM) for Q1 2024 shows a significant improvement in sentiment compared to weak yet positive confidence in the previous quarter and the average for 2023. The index rose above its pre-pandemic average for the first time since Q1 2022, as economic prospects brightened.
Tax checks are needed before renewing certain licences on or after 2 October 2023. In Scotland this applies to licences to drive taxis and private hire cars, operate a booking office and to be a metal dealer. In Northern Ireland this applies to licences to drive taxis.
In its response to a consultation on the UK’s oil and gas fiscal regime, ICAEW stressed the dangers of overreliance on oil and gas to meet current and future energy demand and highlighted the opportunities that can be created from investment in low carbon technology.
Irina Cheburdanidze looks at how businesses are striving to reduce their carbon footprint and addresses the issue of accounting for carbon credits.
The Tax Faculty expresses concern that the proposed output VAT liability would fall on the wrong person.
The scheme that was due to commence in August will now be introduced in October 2025 at the earliest.
ICAEW expresses disappointment at the scope of inherited interest rules and highlights possible improvements to the draft legislation.
The 6% additional dwelling supplement (ADS) is charged on buying an additional residential property (dwelling) in Scotland. Revenue Scotland is consulting on changes to the rules, which will affect timelines, inherited property, small shares, divorce or separation, joint buyers, economic units, and local authorities.
With an internationally recognised qualification behind you, the world really is your oyster. Two members tell us where the ACA qualification has taken them.
When we say it's your IMS, that's what we mean. Our goal is to support ICAEW members who live and work in Scotland. We offer a range of events where you can connect with other members, as well as providing help when things are challenging.
We represent you and champion your needs and concerns acting as your mouthpiece with the Institute in London along with our Council member, Carl Bayley.
Our group comes from all business areas from private practice to public sector. Some wear suits and do the 9-5 thing, some work in less traditional environments. But they all have one thing in common; they are committed to doing everything that they can for our members.
This ranges from making their voice heard at national level to organising social and networking events where members can meet and exchange ideas over a beer!
We’re always looking for new people, new ideas and new thoughts, so if you want to help shape IMS and the work we do, come along and find out how you can get involved.
Contact Fiona Ormiston our local executive and drop into one of our Wednesday evening meetings in Edinburgh.
The ICAEW Chartered Accountant qualification, the ACA, is one of the most advanced learning and professional development programmes available. It is valued around the world in business, practice and the public sector. Graduates, school and college leavers and those with other professional qualifications or experience can study for the ACA or the ICAEW Certificate in Finance, Accounting and Business (ICAEW CFAB).
The ICAEW Business Confidence Monitor (BCM) is a quarterly report and analysis prepared for business and finance professionals in Scotland.
Based on research with ICAEW members in businesses across the UK with analysis from Oxford Economics, ICAEW’s partner and an acknowledged expert in research analysis, the reports give a quarterly snapshot of the state of the economy across sectors and provides a useful and accurate predictor of economic change.
Archive Business Confidence Monitors can be obtained from the Library library@icaew.com
The ICAEW Members in Scotland Group aims to represent members in Scotland and this includes responding to consultation and policy development in appropriate areas.
Information regarding current and forthcoming consultations which are being considered by the ICAEW members in Scotland Group can be obtained from your Regional Executive Fiona Ormiston.
The ICAEW Members in Scotland (IMS) exists to support ICAEW members living and/or working in Scotland. The IMS Group arranges a small number of professional development and networking activities in Scotland for members and guests. In addition to this networks of local members in Aberdeen, Edinburgh, Inverness and Glasgow exist.
As a Scottish member, you may find events and information from ICAEW's northern societies useful too.