Azets

Azets has said the Scottish Government should use tomorrow's Budget to bring tax bands in line with those south of the border. Donald Parbrook, tax partner with the accountancy and business advisory firm said: "While our fiscal position may leave Shona Robison, the outgoing SNP finance minister, wit

Ahead of the draft Scottish Budget, due to be unveiled in Holyrood on 13 January 2026, Donald Parbrook, tax partner at Azets, argues now is the ideal time to simplify Scotland’s complex tax rules and achieve better alignment between the country and England. Mr Parbrook said: “While our f

James Fennessey and Blair Milne of Azets have been appointed as provisional liquidators for 1Stopwind Limited following a winding-up order issued by Paisley Sheriff Court. As a result of the court order, the registered office for the Scottish wind farm maintenance company has been transferred from i

Businesses are being warned that cyber criminals see Christmas as a prime opportunity to steal critical business data due to staff being distracted by the holiday season. Paul Kelly, head of cyber services at Azets, is urging companies to stay alert. He said: “While many businesses and individ

Azets has appointed Catriona Donald as both a new partner and head of the firm’s employment tax team in Scotland. Ms Donald is a highly experienced employment tax specialist who has advised large corporates, private equity backed businesses and public sector clients during a near 30-year caree

With the Festive season approaching, hospitality and service industry businesses are being warned that they could face fines and the prospect of an employment tribunal if they do not comply with The Employment (Allocation of Tips) Act 2023. The 2023 Act, which impacts more than two million staff wor

The launch of the new Fair Work Agency (FWA) next April will see the introduction of a raft of new employment rights with businesses risking fines and other penalties if they do not comply, experts from Azets have warned. "The creation of the FWA marks a step change in the government’s attitud

A wish-list of seven policies to boost hard-hit SMEs has been sent to the Chancellor by accountancy and business advisory firm Azets, which advises more than 80,000 SMEs. Praveen Gupta, Azets’ UK head of tax, called for Rachel Reeves to “encourage and enable SMEs to invest, innovate and

Cashflow is king and critical to the viability of an SME but small changes to policies and processes could make a major difference to financial performance, according to Azets. Nicola Campbell, partner and head of accountancy and business advisory services at Azets in Glasgow, has outlined five key

HomeTrust Care Limited, which operates three care homes across Cumbria, has been successfully transferred into an employee ownership trust (EOT), handing control of the business to the very people who have built its reputation for exceptional care through a trust. Graham Cunning and George Roberts,

Scottish SMEs have been warned they could be missing out on up to £10,500 relief on their National Insurance (NI) contributions by failing to claim their full Employment Allowance following a recent change in the rules. Nicola Campbell, head of accountancy and business advisory services with A

Gemma Monaghan, head of R&D tax at Azets, cautions Scottish construction firms to understand new legislation governing 'contracted out' research and development, as HMRC intensifies scrutiny of claims and contractual language. The contracted-out legislation update has been welcomed as a sensible

Azets has appointed Gordon Burns as a new corporate finance partner based in the firm’s Glasgow office. In addition, Farran Kerr and Iain Black have been promoted to directors in the accounts and business advisory services team in the Perth office and David Taylor has been appointed director o

Company directors and shareholders face new mandatory reporting requirements for declaring dividends from profits for owner-managed and family-run ‘close’ companies. Failure to comply will incur a £60 fine for each failure to disclose in the tax return.

A sharp decline in the number of Scottish SMEs making R&D (research & development) tax relief claims has prompted a leading R&D Tax Relief specialist to warn that businesses should use the valuable R&D Tax Claims relief – or lose it. Gemma Monaghan, a partner and head of R&