Blog16th Aug 2019Seafarers Earnings Deduction & Foreign TaxesFurther to our previous blogs in October 2017 and May 2018, we continue to work with clients who are making Seafarers Earnings Deduction (SED) claims to HMRC. Given that individuals who qualify for the Seafarers Earnings Deduction (SED) are able…View more
Blog13th Aug 2019AAB Navigates Tech Business FinancesAs featured in the June/July 2019 issue of Insider Magazine, AAB is delighted to share details of our dedicated Tech team’s knowledge, experience and recent experience. There is a real vibrancy in the technology sector of Scotland. It never stands…View more
Blog12th Aug 2019Extensive VAT changes for the Construction Industry – Are you ready?When the Chancellor Phillip Hammond announced measures to combat fraud in the construction industry, many would have pictured a joiner or plumber in their white van taking cash for jobs in suburban housing estates across the country. However, the target…View more
Blog9th Aug 2019New Frontiers for Norwegian Oil & GasStudies continue to identify Northern Norway and the Arctic as a growth area for the Norwegian oil and gas industry. Significant investment and development, including around key towns Hammerfest and Kirkenes, and the Arctic Barents Sea as a whole, should…View more
Blog8th Aug 2019NHS Pensions – Government rethinks approach to Tax on pension growth for DoctorsWhat is the Issue?View more
Blog7th Aug 2019Offshore Assets or Income? …watch out for those ‘pesky’ penalties…Our previous blog, Requirement to Correct – “Are you sitting Comfortably?” went on to confirm that 30 September 2018 was the final deadline to take advantage of HMRC’s ‘amnesty’ to voluntarily disclose previously undeclared offshore income or gains. The advantage…View more
Blog6th Aug 2019Deals+ O&G Deals Done in the UK Q2 2019As featured in Energy Voice, Anderson Anderson & Brown Corporate Finance (“AABcf”) are delighted to share our quarterly Deals+ update for Q2 2019, highlighting selected Oil & Gas M&A and Fundraising transactions across the UK. Reflecting on Q2 2019 Oil…View more
Blog2nd Aug 2019Simplifying the Design of Inheritance TaxOn 5 July the Office for Tax Simplification (“OTS”) published its second report on proposed reform and simplification of Inheritance Tax (“IHT”). The report suggests amendments to the existing IHT framework rather than tackling policy issues such as replacing IHT entirely…View more
Blog1st Aug 2019IR35 Off-Payroll Reform – Draft Legislation ReleasedThe eagerly awaited draft legislation has now been published by the Government for extending the public sector IR35 reforms to large and medium sized businesses in the private sector, impacting an estimated 170,000 individuals and 60,000 engager organisations, although many…View more
Blog29th Jul 2019Is your business impacted by the change in Employment Allowance rules from April 2020?The Employment Allowance was initially introduced in April 2014. Whilst minimal changes have been made to the qualifying criteria of who can claim the allowance in recent years, there is some big changes ahead of us from April 2020.View more
Blog19th Jul 2019Foreign employees working onshore in Norway – ID ControlsEmployers sending their employees to work onshore in Norway, must ensure that the employees attends an ID control meeting at one of the selected tax offices in Norway, in order to verify their identity and to obtain a tax deduction…View more
Blog8th Jul 2019Accountant to client: ‘Reports of my death have been greatly exaggerated’Getting on for 30 years ago my brother married an American girl, and we made the journey from the UK to Texas for the celebrations. As father of the groom my father made a speech where he talked about how…View more