Murdoch MacLennan: 'Bad Bank' preparing to return

Murdoch MacLennan, banking partner in Scotland with accountancy firm Azets, has warned that 'Bad Bank’ – the term coined for the specialist units within banks where businesses showing signs of financial distress are transferred – is likely to make a return to the UK’s business banking sector in the coming months.

Published 25 January 2021

Martin Keenan: Scottish Seafood takes brunt of complex ‘Teething Problems’

Martin Keenan, a cross-border VAT specialist with Azets in Scotland, has warned that the recent description of the problems faced by Scottish Seafood businesses trying to deliver their products to EU customers as “Teething problems” significantly understates the complex and challenging issues many food businesses are having to address.

Published 20 January 2021

Murdoch MacLennan: Lenders must support businesses by extending repayment holidays

Murdoch MacLennan, a partner with Azets and a specialist in banking, is urging lenders to continue supporting businesses struggling with cash flow problems by extending for a further six-month term capital repayment holidays for debt that was arranged pre-COVID.

Published 11 January 2021

Fraser Campbell: Back hospitality with a tax free home office party

Fraser Campbell, head of family business with Azets, has suggested that Scotland’s businesses wanting to thank their staff in the traditional manner at Christmas should back their local hospitality enterprises by taking advantage of HMRC’s tax-free annual exemption of up to £200 for ‘Office’ Christmas parties.

Published 9 December 2020

Azets comes top for expertise and service in charity auditor awards

Accountancy firm Azets has been ranked first for expertise and quality of service in the Charity Finance Audit Survey 2020, with 96% of respondents rating Azets as ‘good’ – respondents were given a rating choice of good, average or poor.

Published 4 December 2020

Murdoch MacLennan: Scotland’s spirit still draws global investment

Murdoch MacLennan, head of brewing and distilling with Azets, toasts the enduring success of Scotland’s Whisky industry.

Published 3 December 2020

Azets urges Chancellor to support business and deliver growth across UK

Ahead of the Spending Review, accountancy and business advisory firm Azets is calling on the Chancellor to take five practical steps that will support business and help deliver growth across the regions.

Published 23 November 2020

Azets: Retain job retention bonus, don't axe it

Fraser Campbell, UK head of accounts and business advisory services with accountancy firm Azets, is warning that the recent decision by the government to cancel the Job Retention Bonus could finally force the closure of many thousands of companies that retained employees emerging out of furlough.

Published 10 November 2020

Azets warns that new Personal Insolvency Legislation is open to fraud

Louise Brittain, restructuring and insolvency partner at accountancy firm Azets, discusses how new personal insolvency legislation is open to fraud.

Published 9 November 2020

Murdoch MacLennan: Extend all CBILS and BBLs to ten years

Murdoch MacLennan, banking partner with accountancy firm Azets, is calling for an urgent extension of the repayment term for all existing and any new Coronavirus Business Interruption Scheme Loans (CBIL) and Bounce Back Loans (BBL) to be extended to the government’s proposed new ten-year maximum term. 

Published 4 November 2020

SME finance directors rate Azets best in UK

A prestigious survey of finance directors and chief finance officers working in the SME sector has rated Azets as the best accountancy firm in the UK market.

Published 23 October 2020

Azets appoints Colin Haig and Matthew Richards to restructuring team

Accounting, advisory and business services group Azets has appointed Colin Haig as head of restructuring and Matthew Richards as a partner in the restructuring team.

Published 14 October 2020

Azets recruits 31 graduate trainees and apprentices across Scotland

Azets, the accountancy firm that was previously known as Campbell Dallas and Scott Moncrieff in Scotland, has appointed 31 graduate trainees and apprentices across Scotland. 

Published 9 October 2020