OUR LATEST INSIGHTS

Blog16th Dec 2019

VAT Grouping – The acceptable face of VAT planning

A question that we are frequently asked by our clients is “Should I create a VAT group?” With changes in the eligibility rules extending membership of a VAT group to individuals and partnerships, this is a question that is likely…

Blog9th Dec 2019

Use Your (Artificial) Intelligence

Employing Artificial Intelligence to answer questions with your data There can be huge opportunities for utilising the recent improvements in artificial intelligence (AI) to help make better decisions with data.  Increasingly large volumes of data are being processed and generated daily from multiple areas within the average business, and decision makers can find it challenging to glean…

By Stephen Lawie

Blog9th Dec 2019

CEST – Changes for the Better?

HMRC have made almost 40 updates to their Check Employment Status for Tax (CEST) tool this month to make it ‘clearer, reduce user error and consider more detailed information’ by including and making changes to around 30 questions. HMRC have…

Blog5th Dec 2019

Tax Challenges (& Opportunities) for UK Corporates

Over the years the UK has continued to drive towards a more competitive Corporate Tax (CT) regime. This has been achieved by various means, including lowering the headline rate to 17% from April 2020, which will be amongst the lowest…

Blog29th Nov 2019

Have you submitted your December R&D claim?

Research and Development (“R&D”) tax relief is a government initiative to support businesses investing in innovative activities. There are two R&D tax relief schemes that companies can claim under – the SME scheme and the large company or RDEC scheme.…

Blog29th Nov 2019

Testing Times for Tenants – HMRC ask Tenants about their Landlord’s UK Tax Status

No longer content with targeting landlords directly for any unpaid tax, HMRC have now decided to change tactics, and instead issue letters to individual tenants, quizzing them on the tax status of their landlords. The aim is to establish whether…

By Lynn Gracie

Blog25th Nov 2019

MTD for VAT – The Next Step

Whether your business was one of the majority of VAT registered businesses required to file via HMRC’s new MTD platform with effect from 1 April 2019, or you were granted a deferral until 1 October, the first phase of Making Tax Digital (“MTD”)…

By Alistair Duncan

Blog22nd Nov 2019

Working in Norway – are you aware of your Corporate Tax Obligations?

Due to the close business links and increased work opportunities, Norway continues to be an attractive work location for UK companies.  However, the Norwegian authorities have recently adopted a more aggressive stance on non-resident companies working in Norway, demanding that all such companies must submit Norwegian Corporation Tax…

Blog18th Nov 2019

Specialist Inheritance Tax & Succession Planning Team

The Private Client team at Anderson Anderson & Brown LLP is one of the largest in the North East of Scotland, with extensive experience in advising individuals and businesses on all aspects of their tax affairs. The team, headed up…

By Derek Mitchell

Blog14th Nov 2019

Big Brother is watching… HMRC issue letters to Investors in Offshore Collective Funds

HMRC have ‘bulk mailed’ letters to wealthy offshore fund holders, which is understood to be connected to their receipt of information from overseas jurisdictions and financial institutions, following global data sharing of information.

By Lynn Gracie

Blog11th Nov 2019

Gender Pay Gap Reporting – Easing the fear!

With Gender Pay Gap Reporting, introduced in April 2017, now into the third year it’s still a topic that seems to strike fear into many companies. With the data that is required to be collated, scrutinised, verified and reported it’s…

Blog8th Nov 2019

Overview of the Scottish Deals Market in 2019

2019 has been an interesting time for deal-making with economic, political, and regulatory uncertainty showing no signs of relinquishing which have, unsurprisingly, seen some buyers think twice before acquiring.