Azets

The profits of thousands of Scottish businesses are being squeezed by stealth due to inflation – or the ‘invisible tax’ as it is sometimes known – and should raise their prices, cut costs and invest in efficiency, a business advisor has warned. Inflation, currently around 3.5

Edinburgh-based creative and marketing agency the Union Group has transitioned to employee ownership.

Impending changes to UK inheritance tax (IHT) and business property relief (BPR), set to take effect from 6 April 2026, are sparking significant concern amongst business owners regarding their potential financial impact. There is widespread anxiety about funding of unexpected tax liabilities and tri

Medical gas pipeline specialist Hospital Pipeline Installations Limited (HPI) has entered administration, with Blair Milne and James Fennessey of Azets appointed as joint administrators. Founded in 1984, the Paisley-headquartered, which also operated from an office in Rochdale, was a prominent desig

Azets has reinforced its dedication to sustainability, placing environmental, social, and governance (ESG) principles at the core of its long-term strategy, even as other firms scale back similar initiatives. Chris Horne, group CEO at Azets, said: "This is no time to slow down. sustainability is not

Administrators from Azets have finalised the sale of Bankhouse Care Home in Lesmahagow, Lanarkshire, to a Glasgow-based operator Bellerose Care Limited, for an undisclosed sum. The deal secures the ongoing care for 40 residents and preserves all 58 staff jobs, with employees transferring to the new

Scottish businesses are losing millions due to mismanagement of international VAT and Customs Duty rules, a tax expert has warned. Veronica Donnelly, head of VAT in Scotland with Azets says that whilst many businesses have knowledge of their obligations, the vast majority do not fully understand the

Family-owned pharmacy chain M&D Green Group has acquired nine Scotland-located community pharmacies from Northern Ireland-based N.R. Gordon Ltd. Azets and Blackadders LLP advised M&D Green on the multi-million pound deal, which sees its network increase to 42 pharmacies across Scotland and n

Businesses concerned about the new 15% employers’ national insurance contributions (NIC) rate have less than 50 days in which to reduce the impact of the higher rate by embracing non-salary alternatives that reduce costs whilst continuing to provide employees with attractive remuneration packa

Almost six months after acquiring Glasgow accountancy and wealth management firm Milne Craig, Azets has unveiled ambitious plans to achieve double-digit growth across its Scottish operations in the coming year. Nearly 100 former Milne Craig staff will move into Azets’ Braehead office, increasi

The Labour Government’s first Budget in 14 years brought significant changes for family-owned business, writes Norma Stewart. From April 2026, the planned cap to Business Property Relief (BPR) and Agricultural Property Relief (APR) for Inheritance Tax (IHT) potentially upends decades of carefu

Business owners and shareholders planning to gift shares to their children because of impending inheritance tax (IHT) changes have been urged by accountancy firm Azets to press the pause button and avoid rash decisions they may regret. Changes to the IHT relief available for assets qualifying for Bu

A Scottish business tax adviser has warned that hundreds of thousands of Scottish businesses are unprepared for new real-time payroll reporting rules set to take effect in April 2026. The changes, which will require businesses to report income tax and Class 1A National Insurance Contributions (NICs)

Nicola Campbell, partner with Azets, calls for tax stability and simplicity in this week’s Scottish Budget. Shona Robison, the Finance Secretary, will next week tackle the annual Hobson’s Choice of the Scottish Budget – pressure to raise more money to fund public services or risk d

Azets Aberdeen has advised business owners and farmers on how to navigate "unfair" inheritance tax (IHT) changes announced in the Autumn Budget. From April 2026, proposed restrictions to both Business Property Relief (BPR) and Agricultural Property Relief (APR) will come into effect, while from 2027