Blog8th Dec 20202020 Year in Review – Tech SectorAt 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…View more
Blog7th Dec 2020Change and challenges in the energy sectorAs seen in Energy Voice, AAB’s Callum Gray reflects on the last 12 months of activity in the Energy sector. View more
Blog3rd Dec 2020Brexit and National Insurance – the transitionAs 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.View more
Blog2nd Dec 2020Is 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…View more
Blog1st Dec 2020Do 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 McIlroyView more
Blog30th Nov 2020Temporary 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’. View more
Blog26th Nov 2020Investigating Inheritance Tax – HMRC haul hits four year highHM 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 MeldrumView more
Blog25th Nov 2020Furlough during the Christmas periodWith 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.View more
Blog25th Nov 2020Don’t be blind to the Brexit challengesEven 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 DuncanView more
Blog23rd Nov 2020Government Grinch gives the go-ahead to virtual staff partiesAs 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…View more
Blog13th Nov 2020Capital 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…View more