Azets

A Scottish R&D tax expert has warned that cashflow issues caused by lengthy processing delays might prove terminal for dozens of SMEs with genuine tax credit claims. Processing times for all new claims have slowed down since HMRC began investigating fraudulent use of the tax relief scheme.

Azets, SME-focused accountancy firm, has hired entrepreneurial tax expert Katy Thomson as a partner and head of the firm’s entrepreneurial tax team. Entrepreneurial tax is an addition to Azets’ expanding tax department in Scotland which employs nearly 70 tax professionals advising Scotla

Savills has sold a prominent Glasgow city centre hotel on behalf of Azets acting as joint administrators of Bracknell Property LLP to the Address Collective from a guide price of £4.5 million. The former Pocotel is prominently positioned on a corner site at 139-141 West George Street and compr

Scottish SMEs have been hit with an estimated £42 million of unnecessary compliance costs – an average of £7m per year - due to the audit exemption threshold failing to rise in line with inflation since it was introduced in 2016, according to Donald Boyd, an SME growth expert from

Azets, the accountancy firm that specialises in the SME market, has announced plans to boost staff numbers by 50% in Stirling after investing in new offices in the city. The new open plan offices are based in Kings Park House, Laurelhill Business Park and will feature the latest IT and communication

Aberdeen Retail 1 Limited and Aberdeen Retail 2 Limited, the Guernsey-based owners and operators of the Bon Accord shopping centre in the centre of Aberdeen, have been placed in administration.

Scottish SMEs have 6 months in which to prepare for the looming recession and build resilience or be increasingly exposed to the risks of soaring inflation, rising interest rates and contracting demand, accountancy firm Azets has warned. James Fennessey, restructuring partner with Azets, highlighted

Owners of strong and growing businesses exiting via a trade sale or to an Employee Ownership Trust, together with corporates executing their M&A expansion strategies are continuing to drive a buoyant deal-making market in Scotland, according to Graham Cunning, head of corporate finance with Azet

Blair Milne, a specialist in the construction sector and head of restructuring with Azets in Scotland is warning that the construction industry – which employs in excess of 140,000 staff in Scotland – should prepare for payment freezes by clients as the risk of a cash flow lockdown looms

Azets has announced the promotion of 36 staff in Scotland and that 39 graduates and school leavers will be joining the business this year. The 36 promotions include a new Head of Cyber Services, Paul Kelly in Edinburgh, and 3 new Directors, Sally Cheeney in Perth, Matthew Allan in Aberdeen, and

Highly attractive BIK (benefit in kind) rates for electric cars and increasing concerns over climate change is driving soaring employee demand for company supplied electric cars according to Azets, the regional adviser to SMEs. The annual income tax and NIC costs for a £15356 petrol Corsa SE f

Azets is hosting a Non-Executive Directors Forum for the Public Sector on Thursday 30 June 2022 at The Scotsman Hotel, Edinburgh from 9am. This session will provide an opportunity to share thoughts from the last two years on the theme of 'Resilience, Recovery and Rebuilding in the Public Sector'.

An Aberdeen firm which supplies major construction operators across Scotland has completed its move to becoming an employee-owned business, advised by accountancy and business advisory firm Azets. International Doors and Windows Ltd (IDAW), which was set up in 2006, is looking to expand an

A new charity partnership initiated by accountancy firm Azets is spearheading efforts to reduce maritime plastic pollution with the first-ever European plastic pick-up to mark UN World Oceans Day. The Azets Plastic Pick-Up Day has been created in partnership between corporate charity Azets 4 Kids an

Company directors who either commit VAT fraud or fail to demonstrate procedures to prevent VAT fraud in the supply chain are being targeted by HMRC with a trader monitoring campaign shaped by The Kittel Principle. This principle defines whether a director has been fraudulent, knew about a fraud or,