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  1. Blog26th Jan 2023

    Jill Walker, Private Client Director

    Self Assessment Tax Return Deadline Around The Corner

    The deadline for completing your 2021/22 self-assessment tax return online is 31 January 2023 and those who file one later than that will usually have to pay a fine. HM Revenue and Customs (HMRC) announced at the start of January that…

    By Jill Walker

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  2. Blog19th Dec 2022

    Picture of AAB Aberdeen Office

    2023-24 Scottish Budget Tax changes

    After a dramatic start, John Swinney delivered the Scottish government’s Budget for the 2023-24 fiscal year on Thursday 15 December 2022. We have outlined below the tax changes that individuals residing in Scotland should be aware of from a personal…

    By Jill Walker

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  3. Blog7th Nov 2022

    Young professionals in an office

    “Keeping up”… with Crypto

    With an increasing number of younger people trying their hand at crypto investments, the recent US Securities and Exchange Commission (SEC) fine, suffered by social media influencer, Kim Kardashian, should probably come as a warning to everyone. Kim was ordered…

    By Lynn Gracie

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  4. Blog28th Sep 2022

    60 Day Capital Gains Tax Reporting – The Rules Recap

    Almost a year on from the extension of the timeframe for reporting disposals of residential property our blog provides a recap of the rules on what exactly needs reporting, who needs to report it, how is it reported, when is…

    By Carol Edwards

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  5. Blog19th Aug 2022

    Making Tax Digital for Income Tax Self-Assessment

    From 6 April 2024, Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) will apply to self-employed individuals and landlords with total business and/or property income above £10,000 per year. Under MTD for ITSA, taxpayers caught by the regime will…

    By Lynn Gracie

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  6. Blog9th Aug 2022

    Changes to Capital Gains Tax for separating couples

    Under the current Capital Gains Tax regime in the UK there are rules in place to allow for transfers of assets between spouses to be deemed to take place at no gain/no loss for Capital Gains Tax (CGT) purposes. That…

    By Jill Walker

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  7. Blog8th Aug 2022

    Working Remotely – Nine to five at the office is no longer the norm… but neither is working in a UK office

    The impact of COVID has been widespread and far reaching, touching all aspects of work and home life. Many now have the option to work from home, but some are taking this as an opportunity to work from anywhere, including…

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  8. Blog25th Jul 2022

    Self-Assessment Taxpayers: is your 31 July ‘Payments on Account’ due for payment?

    Self-Assessment taxpayers who had a liability of more than £1,000 in the 2020/21 tax year are likely to be required to make ‘Payments on Account’ towards their 2021/22 tax liability. The first interim payment was due on or before 31…

    By Carol Edwards

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  9. Blog4th Jul 2022

    ‘Fiscal Drag’ pulls more UK Taxpayers into higher rate bands 

    As inflation reaches 9% in the UK, the freeze on the income tax rate bands will inevitably push more taxpayers into higher brackets. It was announced in the Budget last year that the income tax personal allowance and higher rate…

    By Lyndsey Russell

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  10. Blog20th Apr 2022

    The ins and outs of domicile and why it matters

    Newsflash – tax domicile is the new “news”… I suspect that all UK taxpayers, will have recently been interested to learn about how an individual’s domicile position, can significantly affect how much tax they pay in the UK. I am…

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  11. Blog18th Apr 2022

    Self-Assessment – what is it and should you be filing a tax return

    The 2021/22 tax year ended on 5 April 2022 and taxpayers within the Self-Assessment system will have recently received a ‘notice to file’ letter from HMRC.   

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  12. Blog24th Mar 2022

    Spring Statement 2022 Updates

    ‘A new culture of enterprise’ was one of the headings in the Chancellor’s 2022 Spring Statement. It went on to say that improving productivity is the only way to deliver sustainable economic growth and increase living standards. The statement then…

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