Blog24th Oct 2018How to avoid the common tax pitfalls when selling your business The disposal of a business should always be driven by the commercial objectives of the buyer and the seller and tax planning should not distract from this. However, for most business owners, the sale of a business is a…View more
Blog22nd Oct 2018Overdrawn directors’ loan balances – Part 2In my previous blog, I considered the implications of an overdrawn director’s loan balance in a company with cash flow struggles.View more
Blog19th Oct 2018Pursuing a buy and build strategy Buy and build strategies are common in private equity circles and with large trade players where an initial cornerstone investment is made in a platform business with a well-placed management team and corporate infrastructure from which growth is sought…View more
Blog19th Oct 2018Cloud Accounting – Why should I care? Post-Event ReviewLast week AAB hosted two successful events ‘Cloud Accounting – Why Should I Care’. Our guest speakers gave insights into the difference the adoption of cloud-based software can make to a business.View more
Blog17th Oct 2018How to get value from the Apprenticeship LevyDo you know that the funds you build up through your Apprenticeship Levy Payments expire after 24 months?View more
Blog15th Oct 2018What is Scotland’s new edge in attracting inward investment? I have been reflecting on the range of excellent conversation that took place during the recent International Week. Of particular interest was Scotland’s position as a leading destination for inward investment.View more
Blog12th Oct 2018Rural businesses – are you fully aware of how MTD for VAT will impact you?Everyone is suddenly talking about Making Tax Digital for VAT (“MTD”), but many rural businesses may not be fully aware of what it means or how it will impact them, let alone what they might have to do to ensure…View more
Blog11th Oct 2018AAB Look Forward to the Scotland Food & Drink Leadership Dinners 2018/19AAB are proud to be sponsoring the Scotland Food & Drink Leadership Dinner series in partnership with Morisons LLP and Livingston James. There are seven events being held across Aberdeen, Glasgow, Inverness, Shetlands, Edinburgh, Oban and Ayr which provide a…View more
Blog11th Oct 2018Maximising Value from the Due Diligence Process The current trading environment is presenting attractive opportunities for a number of businesses to grow through acquisition. We commonly find that some acquirers have a cavalier attitude to risk and overlook the value that can be realised during the…View more
Blog10th Oct 2018A resounding thumbs down for proposed IR35 changes?The deadline for responding to HMRC’s consultation document on extending the off-payroll rules to the private sector has expired. We are all now eagerly awaiting their report on the responses given and the subsequent details of the chosen approach. AAB…View more
Blog9th Oct 2018Key North Sea Tax Considerations – Tax TrainingWith the price of oil hitting a near four-year high, the North Sea has an exciting and prosperous outlook for 2019 and beyond with an increase in activity expected in the oil and gas sector. In Norway alone, Equinor are…View more
Blog9th Oct 2018Xero Useful Links The world of “The Cloud” can be a daunting place however, it is way the world is going and more so in the world of cloud accounting. There are many benefits of the cloud and cloud accounting including improved…View more