Azets

Accountancy firm Azets has announced plans to recruit up to 80 apprentices, graduates and school leavers in Scotland during 2023. Across the UK the firm is looking to recruit up to 551, taking the overall number employed at the firm to 1600.

New research has revealed that almost one quarter of SME businesses are at risk of serious cash flow problems as they do not have basic cash flow projection processes in place. The findings were revealed by accountancy firm Azets following a financial resilience webinar attended by nearly 200 SME bu

As divorce rates rise family business values will be impacted, warns expert. During the last decade the annual divorce rate in Scotland has averaged around 10,000 but this year could reach 12,000 as the cost of living, wider economic challenges and the impact of the Covid years bear heavily on relat

Accountancy firm Azets has appointed SME and owner managed business specialist Xanthe Tremain as a new partner in the accounts and business advisory services (ABAS) team. The firm's ABAS team oversees the technology-led delivery of all compliance services such as year-end accounts, VAT returns, mana

SME-focused accountancy firm Azets has appointed Gemma Monaghan as head of the firm’s R&D tax credits team in Scotland and the North. Ms Monaghan’s appointment reflects rapid growth in demand for expert advice from SMEs and fast-growing businesses on the increasingly complex are

Mark Pryce and Morag Watson of Azets outline the main tax targets for the upcoming Autumn statement expected this Thursday. The chancellor has made no secret of the fact that there are likely to be tax rises when he delivers the budget statement on Thursday, although he has also been quick to point

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