OUR LATEST INSIGHTS

Blog25th Jun 2018

Anything to declare to HMRC? Less than 100 days to go…

The countdown is on for individuals, Trusts and Estates to submit a full disclosure to HMRC if they need to correct their underpaid UK tax position in respect of any offshore interests.

Blog25th Jun 2018

Employer Compliance Reviews – HMRC’s current focus areas

HMRC Employer Compliance reviews are something most businesses are faced with at some point. These enquiries can cover a vast area of business procedures, however, tend to have a heavy focus around payroll, employee expenses and benefits, staff entertaining and…

Blog22nd Jun 2018

Living & Working Abroad: Are you Leaving UK Taxes?

Deciding to leave the UK to work abroad is a big decision but often the impact on your tax position is an afterthought. The tax treatment depends on a number of factors, including the length and timing of your departure…

Blog21st Jun 2018

Building Psychological Capital by Developing your HEROs

This month brought with it positive news on the levels of unemployment in Northern Ireland. As of May 2018 the unemployment rate had fallen to its lowest ever level of 3.1%. This compared favourably with the UK rate of 4.2%…

Blog15th Jun 2018

How Outsourcing Can Help Insourcing

Starting up or growing a business can be a challenging task. As a business owner you wear many hats, operations, HR, admin, accountant, handyman, finance function, and the list goes on.

Blog13th Jun 2018

Are You Feeling a Little ‘Out of Kilter’ with our Scottish ‘Tartan’ Tax ?

The 2018/19 Scottish budget was passed by Holyrood on 21 February, but what does this really mean for Scottish Tax Residents? Tax ‘Winners  Derek MacKay was keen to confirm the many winners, including those individuals earning less than £26,000, who…

By Lynn Gracie

Blog11th Jun 2018

Firms Working Internationally Facing Global Tax Headaches

With increased globalisation and information sharing agreements in place between countries, firms working internationally are facing global tax headaches as Governments aggressively attack companies using tax audits and assessments. Overseas authorities are focusing on direct taxes, such as personal taxes…

Blog6th Jun 2018

Building a Solid Foundation for UK & Norwegian Businesses

Following a period of consolidation and cost efficiency programmes, oil and gas related companies are beginning to see an improvement in performance and trade. This has been aided by the increase in the oil price which has doubled in two…

Blog5th Jun 2018

Norwegian Tax Assessment Notice – TAN

As soon as the Norwegian tax authorities have assessed the Norwegian tax returns, they will issue a Norwegian Tax Assessment Notice (TAN) between June and October, following the year of duties in Norway.

Blog4th Jun 2018

EU VAT Refund Claims – Action needed

Businesses operating or incurring costs within other EU member states will pay VAT on at least some of their costs. VAT rates across the EU range from 15% to 27% so even relatively small costs can result in a significant…

By Debbie Smith

Blog1st Jun 2018

Social Security – The 52 Week Trap

Recently, AAB were approached by an oil and energy company, with globally mobile employees, who wished to transfer their payroll from their current provider. As part of the implementation process a thorough review of the clients payroll process was undertaken.

Blog31st May 2018

Filing deadline looming but limited in your resources? Let us ease the pressure

We often come across companies who have tight reporting deadlines for group audit clearance but leave the preparation of subsidiary statutory accounts until a quieter period later in the year. As time passes and filing deadlines loom closer; finance departments…