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
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
Blog25th Jul 2017Working Overseas? Understanding the ProjectOur first blog on the topic of working overseas, summarised the process by which we ensure our ‘Proactive and Commercial’ objectives are achieved. The first stage is ‘Understanding the Project’.View more
Blog11th Jul 2017Are you missing out on valuable tax reliefs?MANY business owners ignore valuable claims for tax relief through Capital Allowances due to a perception of the complexity involved in identifying qualifying property related expenditure, Appropriate consideration of capital expenditure could result in significant cash-flow advantages for many businesses.View more
Blog21st Jun 2017Double funding for innovationEarlier this month, Nicola Sturgeon announced that oil and gas innovation spend had almost trebled to £43m in Scotland last year. The Scottish government has surpassed its commitment to provide £10m of support for innovative projects in the industry and…View more
Blog31st May 2017Ensure your overseas contract ‘Does-what-it-says-on-the-tin’The UK oil and gas market continues to be stagnant and UK companies are increasingly looking overseas for work opportunities and tendering for potentially lucrative contracts.View more
Blog24th May 2017Working Overseas? Get Your Commercial Head On!Over many years working with various clients, our experience is that companies are often unaware of, or ignore, the tax obligations that they, and/or their employees, may have when working overseas. Failing to properly understand the tax consequences of working…View more
Blog17th May 2017Norwegian VAT Claims – Deadline approachingBusinesses operating within Norway will pay Norwegian VAT on in-country costs. With the standard VAT rate in Norway at 25%, even relatively small amounts can result in a significant VAT cost accruing over a year. There is a mechanism which…View more
Blog8th May 2017VAT Flat Rate Scheme – Time for a change?As we move into May, the effect of the changes to the Flat Rate Scheme introduced from 1 April 2017 are beginning to bite. Introduced to combat perceived misuse of the scheme, like any widely drawn anti-avoidance measure, other taxpayers…View more
Blog18th Apr 2017Avoid the Indirect tax pitfalls of international trade with specialist training from AABEven before the implications of Brexit are known, cross-border trade can throw up significant indirect tax issues for businesses. If not planned for correctly VAT and customs duty considerations can have an impact on the supply chain which can affect your…View more
Blog10th Apr 2017Ten tips to save you taxWhatever the level of your tax liability, there are simple ways you can minimise the pain. Here are 10 suggestions for making your next bill slightly more manageable.View more
Blog16th Feb 2017Navigating International Tax with Specialist Training from AABFor all UK companies operating overseas, planning for and managing potentially complex international tax arrangements can be a time consuming journey into the unknown with hidden traps and pitfalls along the way.View more