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
Azets
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,
Prices in the UK are rising at their fastest rate for 40 years, according to the latest figures published by the Office for National Statistics (ONS).
Almost three quarters (71%) of SME businesses are not currently acting to reduce their carbon emissions, as Environmental, Social, and Governance (ESG) performance is downgraded and digitalisation, employee wellbeing, cost inflation, and recruitment take priority according to the latest Azets SME Ba