OUR LATEST INSIGHTS

Blog3rd Jul 2020

Responding to Change in the Public and Third Sector

The impacts of “lockdown” to deal with COVID-19 have shone a light on how we go about our lives.  Much of the illumination is humbling and uplifting; such as the reminder of the immense contribution of key workers and examples…

By Andy Shaw

Blog3rd Jul 2020

COVID-19 Furlough Not Disqualifying for EMI

A new clause in tax legislation has been introduced to assist individuals who may not be able to meet the working time requirements of EMI because of being furloughed due to COVID-19.   Previously, the working time commitment required to be met while holding qualifying EMI share options. Failure to meet this…

Blog2nd Jul 2020

COVID-19 is a “Reasonable Excuse”

With critical staff being furloughed, many taxpayers falling ill or businesses having lack of access to key documents due to lockdown; it is not a surprise that COVID-19 is accepted by HM Revenue and Customs (HMRC) as being a “reasonable excuse” for defaults by taxpayers. 

Blog1st Jul 2020

IR35 Reform – Full steam ahead for April 2021

With less than a year until IR35 reform arrives in the private sector, companies must begin to think about dusting off those IR35 project plans and get to work in ensuring compliance before 6th April 2021. 

Blog30th Jun 2020

The Benefits of Cloud Accounting Software During COVID-19

You may have come across mentions of Cloud Accounting before and maybe even looked into the different providers such as Xero or Quickbooks Online. However, it may have been something put to the back of your mind as a non-essential…

By Gillian Rushton

Blog29th Jun 2020

Energy Transition – Continuing to keep the lights on

The Scottish Government’s announcement on 12 June of a £62million support package to help deliver a net zero future was warmly welcomed across the Energy sector. Not only does this respond to and show real commitment and support to meeting Scotland’s ambitious climate change…

Blog25th Jun 2020

VIDEO 3: Respond, Review, Restart, Repeat – Costs & Budgeting

A video series from AAB featuring top tips on planning, operating and continuously adapting in the next normal and beyond.

Blog24th Jun 2020

Upstream E&P – Navigating complex landscapes in the energy sector

The Energy sector today is an incredibly complex landscape for executives and their leadership teams to navigate. It is increasingly challenging for them to know which way to go or where to turn. Crude market volatility and low prices continue as a result of the double impact of drop in demand…

By Alasdair Green

Blog22nd Jun 2020

Food & Drink Industry – How to Adapt to the Next Normal

*Updated 13 August 2020* 2020 has presented unprecedented challenges to the Scotland food and drink sector, however the agility, innovation and resilience demonstrated by many Scottish businesses has been one of a few positives. The effects of the pandemic and national lockdown have impacted each business…

Blog19th Jun 2020

VIDEO 2: Respond, Review, Restart, Repeat – Plan Ahead Teams

A video series featuring top tips on planning, operating and continuously adapting in the next normal and beyond, from AAB’s Plan Ahead team.

Blog15th Jun 2020

Changes to the Coronavirus Job Retention Scheme from 1st July 2020

At the end of May, the government’s confirmed that the Coronavirus Job Retention Support Scheme (“CJRS” “the scheme”) would be extended to the end of October 2020, with a phase 2 of the scheme, allowing for more flexibility in workers…

By Adam Flight

Blog11th Jun 2020

HMRC Toughen Its Stance – Additional HMRC Task Forces & Criminal Prosecutions

HM Revenue & Customs (HMRC) specialist task forces are believed to have collected over £540 million in extra tax revenue in the last financial year. Since their inception in 2011 there have been well over 100 different task forces focusing…