Blog1st Oct 2018Stuck in Second Class The Government announced recently that they will not be proceeding with the planned abolition of Class 2 National Insurance Contributions. The abolition had been due to be effective from 6 April 2019 after being postponed for a year.View more
Blog28th Sep 2018Cloud Accounting – Why Should I Care?After nearly five years of partnering with Xero AAB are thrilled to have attained Platinum Partner Status with the market-leading cloud accounting app. This coincides with the extension of the cloud offering into the expanding Edinburgh office – our Aberdeen…View more
Blog28th Sep 2018AAB become Xero Platinum PartnersAt AAB our clients are at the centre of everything we do, and we know that our employees are at the heart of that offering. We are delighted to have gained Platinum Partner status with the market-leading cloud accounting software…View more
Blog28th Sep 2018Offshore Funds & Excess Reporting Income – there is no hiding place from HMRC….Offshore funds are now a common investment strategy recommended by most portfolio providers, but some of the taxable income connected to these funds can be hidden from view, which could mean individuals have missed income receipts that should have been…View more
Blog26th Sep 2018The help on hand from your accountantWhat exactly is your accountant there for? Providing a sounding board for your business plans? Offering you peace of mind? I think it’s both those things and a number of others besides. Here are just some of the reasons you…View more
Blog24th Sep 2018Requirement to Correct – Are you sitting comfortably?The deadline for individuals, Trusts and Estates to submit a full disclosure to HM Revenue & Customs (“HMRC”) under the Requirement to Correct (RTC) legislation is almost upon us. With the 30 September 2018 now less than one week away,…View more
Blog24th Sep 2018Are we nearly there yet?We all know what happened, we also know how difficult the last three years have been not only in local Oil & Gas communities but also globally it’s been a very tough few years. Much publicised job losses have forced…View more
Blog21st Sep 2018Scottish Income Tax Rates – Additional Burden on Self-Employed DentistsThe 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…View more
Blog19th Sep 2018Cost effective PMIPrivate medical insurance (PMI) is a popular benefit which is strongly valued by employees, but it can be seen as an expensive benefit to offer for employers.View more
Blog13th Sep 2018Getting International Growth Right The global economic landscape is constantly changing. A rapid growth of global export of goods and services and foreign direct investment has changed how and where we do business and technology has played a critical role in getting us…View more
Blog11th Sep 2018Overdrawn directors’ loan balances – Part 1Something that crops up in a significant number of the cases that cross my desk is the issue of an overdrawn director’s loan account, and the implications that has for both the company and the director.View more