Blog15th Jun 2020Changes to the Coronavirus Job Retention Scheme from 1st July 2020At the end of May, the government’s confirmed that the Coronavirus Job Retention Support Scheme (“CJRS” “the scheme”) would be extended to the end of October 2020, with a phase 2 of the scheme, allowing for more flexibility in workers…By Katy ChristiansenView more
Blog11th Jun 2020HMRC Toughen Its Stance – Additional HMRC Task Forces & Criminal ProsecutionsHM Revenue & Customs (HMRC) specialist task forces are believed to have collected over £540 million in extra tax revenue in the last financial year. Since their inception in 2011 there have been well over 100 different task forces focusing…View more
Blog10th Jun 2020Restructuring & Recovering for the FutureThe impact of COVID-19 on the economy is likely to be long lasting. The UK economy contracted by 2% in the first quarter of the year and analysts expect the figure to be worse for the second quarter as lockdown continues. The Scottish and UK…View more
Blog9th Jun 2020VIDEO: Respond, Review, Restart, RepeatA video series from AAB featuring top tips on planning, operating and continuously adapting in the next normal and beyond.View more
Blog8th Jun 2020Guidance on how to use the Coronavirus Job Retention Scheme PortalThe Coronavirus Job Retention Scheme Portal for making claims through the furlough scheme opened on Monday 20 April and over 185,000 businesses applied on day 1, covering 1.3million workers which shows the volume of businesses utilising this scheme. Having already…View more
Blog5th Jun 2020Breaking News – Implementation of Domestic Reverse Charge Delayed until 1 March 2021HMRC have confirmed this morning in Revenue and Customs Brief 7 that the implementation of the Domestic Reverse charge has been delayed for a further five months. The new implementation date is 1st of March 2021. Please click to read our…View more
Blog21st May 2020Upcoming Deadlines for EmployersWith the current situation and a busy period ongoing, we have summarised the key deadlines which employers need to be aware of during the upcoming months in relation to their employment tax obligations. Short Term Business Visitors (STBV) Appendix 4…By Gillian ForrestView more
Blog20th May 2020Future Fund*Please note this fund closed to new applications on 31 December 2020*By Joel TophamView more
Blog15th May 2020Corporate Tax Filing Extensions for the North SeaFollowing on from our blog on 15 April 2020 which covered various COVID-19 related measures being made by overseas jurisdictions with regards the postponement of Corporate Tax filing deadlines, in the last few weeks we have seen further updates from…View more
Blog14th May 2020Doing Business in Norway – How to get a VAT refundIf you are travelling to or conducting business with companies in Norway, you may incur VAT on expenditure incurred in country. With a standard rate of VAT at 25%, the VAT cost can build up very quickly. If you incurred VAT in…View more