Blog25th Sep 2020
Scotland’s Food and Drink sector is vitally important to the Scottish Economy. Consistently Food and Drink is Scotland’s top export sector, latest HM Revenue and Customs statistics shows that, for 2018, food and drink exports totalled £6.3bn. Of this, £2.3bn were to the EU.
View moreBlog25th Sep 2020
The last few weeks have been filled with speculation about what the Chancellor’s expected October budget would contain and everyone was braced for increased tax rates in some shape or form. However, with the budget now pushed back to the…
View moreBlog25th Sep 2020
As featured in The Scotsman Annual Deals Supplement AAB’s Head of Corporate Finance, Douglas Martin, reflects on the busiest areas of the sector.
View moreBlog24th Sep 2020
As featured in the Scotsman Annual Deals Supplement 2020, AAB’s Callum Gray (Director and Head of Deal Origination) provides a deal market overview of 2020.
View moreBlog24th Sep 2020
It has been widely speculated that there may have been Capital Gains Tax (‘CGT’) reforms announced in this year’s Autumn Statement, which could have had a significant impact on the net proceeds on transactions from late 2020 onwards. If you…
By Doug Martin
View moreBlog17th Sep 2020
Before lockdown, a member of our specialist food & drink team dined at The Kitchin in Edinburgh where they were impressed by a brilliant document (see below) illustrating where Michelin Star Chef, Tom Kitchin sources each of the ingredients used…
View moreBlog16th Sep 2020
HMRC have confirmed this week that another two people have been arrested in connection with a suspected £70,000 Coronavirus Job Retention Scheme (“CJRS”) fraud. These follow the first arrests in July in connection with alleged furlough fraud with a suspected…
View moreBlog15th Sep 2020
Effective Joint Venture Accounting and Contract Compliance in an E&P Operator are vital for all parties involved and those who share in a venture. They are the first line of defence processes that provide assurance and comfort to the owners…
View moreBlog14th Sep 2020
An increasing number of HMRC scam calls are being made, where the caller pretends to be from HMRC in order to try and obtain bank details from their victim. These callers can be extremely convincing, even sometimes coming from a…
View moreBlog14th Sep 2020
An increasing number of HMRC scam calls are being made, where the caller pretends to be from HMRC in order to try and obtain bank details from their victim. These callers can be extremely convincing, even sometimes coming from a…
View moreBlog10th Sep 2020
From the 6 April 2018, the treatment of termination payments changed with the calculation of the Post Employment Notice Period ‘PENP,’ becoming a legislative requirement in order to establish the correct tax and National Insurance treatment of payments being made.…
View moreBlog9th Sep 2020
The zero–rate relief for charity advertising has provided significant benefits for charities since its introduction for newspaper advertising in 1986. Over the years, there have been a number of changes to the relief which have generally extended the scope to cover broadcast…
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