OUR LATEST INSIGHTS

Blog21st Sep 2018

Scottish Income Tax Rates – Additional Burden on Self-Employed Dentists

The 2018/19 tax year will herald the introduction of the much-maligned Scottish rates of Income Tax and all the added complications that these bring. This is particularly relevant to Scottish resident, self-employed dentists who will now be charged to tax…

Blog23rd Jul 2018

Have your cake & eat it!

A common myth in relation to Research and Development (‘R&D’) tax relief is that qualifying activities are only undertaken by scientists in white coats. The tax definition of R&D is much wider than this, and can take place when a…

Blog4th Jul 2018

Taxation of the Digital Economy – Changes are Coming

There is broad agreement between global Tax Authorities that the means by which companies in the digital sector can be subject to corporate tax in overseas territories has not kept pace with the manner in which many multinationals today generate…

Blog26th Jun 2018

Have You Agreed Your PAYE Settlement Agreement?

A PAYE Settlement Agreement (PSA) allows employers to settle the tax and National Insurance (NI) due on small or irregular taxable expenses or benefits provided to employees rather than the employees suffering the tax on these.

Blog25th Jun 2018

Employer Compliance Reviews – HMRC’s current focus areas

HMRC Employer Compliance reviews are something most businesses are faced with at some point. These enquiries can cover a vast area of business procedures, however, tend to have a heavy focus around payroll, employee expenses and benefits, staff entertaining and…

Blog11th Jun 2018

Firms Working Internationally Facing Global Tax Headaches

With increased globalisation and information sharing agreements in place between countries, firms working internationally are facing global tax headaches as Governments aggressively attack companies using tax audits and assessments. Overseas authorities are focusing on direct taxes, such as personal taxes…

Blog6th Jun 2018

Building a Solid Foundation for UK & Norwegian Businesses

Following a period of consolidation and cost efficiency programmes, oil and gas related companies are beginning to see an improvement in performance and trade. This has been aided by the increase in the oil price which has doubled in two…

Blog4th Jun 2018

EU VAT Refund Claims – Action needed

Businesses operating or incurring costs within other EU member states will pay VAT on at least some of their costs. VAT rates across the EU range from 15% to 27% so even relatively small costs can result in a significant…

By Debbie Smith

Blog29th May 2018

The Start of a Radical Shift in Digital Economy Taxation?

There is currently a significant project ongoing between global tax authorities and governments to seek the introduction of a more uniform approach to taxing what is defined as the ‘digital economy.’

Blog13th Mar 2018

HMRC’s OpRA – Are you in tune?

Whilst many are familiar with Andrew Lloyd Webber’s legendary love story, HMRC’s version doesn’t stand to be such a hit.

Blog28th Feb 2018

Overseas Tax Audits are High on the Agenda

With increased globalisation, and information sharing agreements in place between countries, Governments are aggressively attacking companies using tax audits and assessments. They focus upon direct taxes, such as personal taxes of globally mobile employees or corporation taxes on intercompany transactions.…

Blog27th Feb 2018

Have you worked in Norway or Denmark… & considered the tax implications? AAB can help!

Given their close proximity and strong business ties with the UK, the Scandinavian countries of Norway and Denmark are two locations we frequently see UK companies operating in.