Search & Filter the insights

Blog8th Dec 2020

2020 Year in Review – Tech Sector

At the beginning of 2020, we were expecting this to be another strong year for the Scottish Tech scene, and in particular the Edinburgh ecosystem. Record levels of investment were forecast, and we hoped to see that next generation of…

Blog7th Dec 2020

Change and challenges in the energy sector

As seen in Energy Voice, AAB’s Callum Gray reflects on the last 12 months of activity in the Energy sector. 

Blog3rd Dec 2020

Brexit and National Insurance – the transition

As a result of leaving the EU, the UK will experience a number of changes and one area which will be impacted is that of National Insurance. Negotiations are still ongoing however the below is what we know so far.

Blog2nd Dec 2020

Is a new wealth tax coming?

The public spending requirement to deal with the consequences of COVID-19 has been without precedent and there is debate about how to rebuild public finances. The pandemic has exposed ever widening inequalities in society and calls for a tax on…

Blog1st Dec 2020

Do you value your time?

As we near the end of 2020, a year full of new challenges and change, there are a number of learnings we can reflect on, and questions we will ponder as we enter 2021.  

By Lauren McIlroy

Blog30th Nov 2020

Temporary workplace rules – not always as straightforward as you may think…

The recent outcome of the Sambhi v HMRC case has highlighted the complexities and absence of case law surrounding the temporary workplace rules, which govern the tax relief available on travel and subsistence payments for employees working at a ‘temporary workplace’.  

Blog26th Nov 2020

Investigating Inheritance Tax – HMRC haul hits four year high

HM Revenue & Customs (“HMRC”) has recently reported a 4-year high in Inheritance Tax (“IHT”) revenues after collecting an additional £274m as a direct result of more than 5,000 investigations during the 2019/20 tax year. This amounts to an average…

By Gayle Meldrum

Blog25th Nov 2020

Furlough during the Christmas period

With Christmas only one month away, employers and employees will now be thinking ahead on what this means during Christmas when most employers shutdown or employees request holidays during the festive period.

Blog25th Nov 2020

Don’t be blind to the Brexit challenges

Even with perfect vision, no-one could have foreseen how difficult a year 2020 would have been for UK businesses.  However, as we head towards 2021, and the end of the Brexit transitional period, the fresh challenges involved in the import or export of goods…

By Alistair Duncan

Blog23rd Nov 2020

Government Grinch gives the go-ahead to virtual staff parties

As we are approaching the end of 2020 which has been a year full of not so pleasant surprises, many employer’s may be thinking of more creative ways to arrange socially distant and ‘lockdown’ friendly Christmas parties, replacing the usual…

Blog13th Nov 2020

Capital Gains Tax – Is a rate increase on the horizon?

Before the scheduled Autumn budget, advisors and taxpayers alike were bracing themselves for a hike in the rate of Capital Gains Tax (“CGT”) as well as the very real possibility that some reliefs might be withdrawn altogether, for example Business…