29 November 2019
The outcome of the ‘tourist tax’ consultation will be eagerly watched by many in the leisure and hospitality sectors. But this concern also stretches across into the food and drink sector which has embraced the appeal of provenance for Scottish brands and the sector has expanded in the experiential with activities, such as whisky and gin distillery tours.
03 October 2019
The latest announcement to move towards a 25 per cent tariff between the EU and US on scotch whisky is a significant blow for the sector, which has been somewhat caught in the cross fire of retaliation regarding the Airbus WTO ruling.
12 September 2019
In this webinar, Stuart McCallum and James Tetley, two RSM partners whose sector experience has been built over many years by serving the needs of their food and drink clients, talk through the innovation trends currently taking place in the industry and give some examples of how some of these activities can qualify for R&D tax relief.
31 July 2019
The Supreme Court has ruled that a Scottish farmer is entitled to recover more than £1m of VAT incurred on the purchase of more than £7m of EU farm subsidies - a decision which could prompt many other UK taxpayers to revisit VAT they’ve blocked on fundraising activities.
06 June 2019
Last year, Scotland welcomed a record number of international visitors, domestic tourism ticked upwards and total overnight stays rose by a healthy 3 per cent. But while the latest visitor numbers from Visit Scotland are encouraging, tourist spending is down and new threats are coming into view.
08 February 2019
Mark Nisbett and Stuart McCallum, partners at RSM, comment on the Government’s newly published no deal Brexit advice on food and drink labelling.
10 December 2018
The City of Edinburgh Council's consultation on a Transient Visitor Levy (TVL) or ‘tourist tax’ closes next week, but one big unknown remains – what happens about VAT? Will visitors have to pay tax on tax?
09 October 2018
There is a craft spirit movement which is exciting for the Scottish drink scene. This movement is epitomized by new innovations and product types challenging traditional perceptions.
15 August 2018
The food and drink industry in Scotland is booming following 10 years of growth. The sector is working towards a shared objective to double the value of the industry to £30billion by 2030. Collaboration continues to be critical, from farm to plate, to position food and drink as Scotland’s most valuable industry at home and abroad. Discover what lies ahead, in the views of industry experts.