Azets

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&

Azets has appointed Gordon Baird as its new customs and duty tax director. Based in Edinburgh, Mr Baird has nearly 25 years’ experience working firstly for HMRC as a senior tax specialist and more recently for a specialist financial services consultancy, Fiscalys Consulting and then in industr

Businesses could be at risk of failure to prevent fraud if they don’t meet new compliance requirements, a senior accounting professional has warned.   David Houghton, head of forensic accounting at Azets, gave the warning after the new Economic Crime and Corporate Transparency Act (ECCT A

A vehicle dealership with seven sites including Haddington, East Lothian, Hawick in the Borders and Alnwick in Northumberland has been sold to a management buyout team.

Just six small changes to the management of Scottish SMEs could help ease pressure on their finances, staff and management, according to Azets. Nicola Campbell, head of accounts and business advisory services in the Glasgow office of Azets, is encouraging Scotland’s SMEs to review and mine the

Azets has warned that many businesses still face prohibitive borrowing costs and slow decision-making from lenders despite the UK governments SME plan to boost access to finance. The UK government’s SME plan to boost access to finance includes a range of measures including the expansion of the

A leading business adviser has cautioned that the government's latest pledge to slash red tape for small and medium-sized enterprises (SMEs) must translate into tangible, everyday change if it is to be deemed a success. The UK government has pledged to cut administrative regulatory costs for SMEs by

Business owners are at risk of being fined for incorrect Capital Gains Tax payments due to an issue with HMRC’s software, a tax specialist has warned. John Kean, a private client tax partner based in the Edinburgh office of Azets, is urging business owners to review their tax returns for the l

UK small and medium-sized enterprises (SMEs) are holding back on investment despite possessing significant cash reserves, according to Azets. Peter Gallanagh, UK CEO at Azets, says business owners are ready to spend pent-up capital but are “paralysed by fear” due to geopolitical uncertai

Several charities across Scotland are set to share in £1 million of surplus funds following the sale of Balmanno House by Blair Milne and James Fennessey, joint liquidators and partners with Azets. Balmanno House, a registered charity located in the West End of Glasgow which had been providing

The Financial Reporting Council (FRC) has launched an investigation into Deloitte and Azets over their audits of the collapsed fintech company, Stenn. The probe follows the company's fall into administration in December after lenders raised concerns about potentially suspicious transactions.

Azets has appointed John Kean as a new private client tax partner based in the firm’s fast-growing Edinburgh office. Mr Kean has 15 years’ experience advising private clients, partnerships, trusts, estates and entrepreneurs on their personal and wealth management tax strategies. His exte

Azets has appointed Graham Parker as a new accounts and business advisory services director in the firm’s Perth office. Mr Parker has 20 years’ experience advising a wide range of SME and entrepreneurial clients on their business, tax, growth and succession planning strategies. As a