Blog21st Sep 2017Appendix 5 Net of Tax Credit Scheme and Dynamic Tax Codes: HMRC are now reacting to the problemFurther to our earlier blogs on this area, AAB’s Carol Sim is pleased to provide a positive update on the issues created by HMRC’s changes.View more
Blog11th Sep 2017Are you an employer who operates a Net of Tax Credit Scheme? Have your employees received K codes from HMRC?If any of your employees have received tax codes that contain a K code and you operate a Net of Tax Credit (Appendix 5) Arrangement, then these may be incorrect.View more
Blog7th Sep 2017VAT in the UAE – VAT Risk Management SeminarIn advance of the introduction of VAT into the United Arab Emirates on 1 January 2018, Crowe Horwath International (CHI) are hosting a VAT Risk Management Workshop covering VAT in the UAE at the Taj Hotel in Business Bay in…View more
Blog5th Sep 2017Vinyl Junkie?I recall in my youth accumulating thousands of vinyl records. The addition of a wife and family meant space became a premium. Eventually, I “bowed to pressure” and got rid of the bulk of my collection. Thankfully though, I can…View more
Blog3rd Sep 2017Consultants, why use them?In the past, business leaders and managers may have tried to deal with the majority of their issues internally, as asking for external assistance may have been perceived as a sign of potential weakness or lack of knowledge and insight…View more
Blog1st Sep 2017Working Overseas? Reviewing the Draft ContractOur second blog summarised the importance to us of “Understanding the Project” when any clients work internationally. Once we understand what the work involves, we then normally require sight of the draft Contract. This is crucial for two reasons:View more
Blog30th Aug 2017PAYE Settlement Agreements – Another HMRC Deadline ApproachesA PAYE Settlement Agreement (PSA) is an annual agreement made with HMRC, which allows employers to settle the tax and National Insurance (NI) due on small or irregular taxable expenses or benefits provided to employees. An agreement must be put…View more
Blog28th Aug 2017Is it Time for Your Check Up?In our previous blog, we highlighted the importance of taking professional advice if you receive a VAT assessment or penalty from HMRC. However, rather than react to HMRC’s actions, we would recommend that a more proactive approach is taken. View more
Blog25th Aug 2017Nowhere to hide now on women’s payRecent revelations have made the gender pay gap higher profile than ever, writes NICOLA BURNS of AAB. And it’s an issue that many medium-sized and larger companies will now have to address for the first time.View more
Blog23rd Aug 2017Payrolling Benefits – Advantages worth signing up for…Introduced back in April 2016, we have now seen the first tax year of HMRC’s voluntary payrolling of benefits pass relatively smoothly for both HMRC and employers. This scheme, which allows employers to choose to process the benefits provided to…View more
Blog20th Aug 2017What is a qualifying project for R&D tax relief?Your company is attempting to create/improve a product or process. Could you claim R&D tax relief?View more
Blog16th Aug 2017Just When Can I Retire?There is probably a significant difference between when individuals want to retire and when they can realistically afford to retire. Setting aside the usual back-up plans that we all share, winning the lottery, then everyone should take a bit of…View more