Blog11th Mar 2020
At AAB, we have a dedicated team of Food & Drink specialists who hold a wealth of experience and knowledge of the sector – a nod to the significance of the industry in the context of the Scottish economy and to our business. Considering our involvement within the sector, we…
By Derek Mair
View moreBlog11th Mar 2020
In light of the current situation with regards to COVID-19 we would like to provide the assurance that we are closely monitoring the situation. We are taking measures to protect the health and safety of our team and if required,…
View moreBlog9th Mar 2020
The UK Government first introduced the Employment Allowance (EA) in 2014, which entitled employers to a reduction of up to £2000 from their secondary national insurance liability for the year. In April 2016, the allowance was raised to £3000 with…
View moreBlog9th Mar 2020
Following the outbreak of Coronavirus, some employees are finding that they are unable to travel to their place of work overseas, mainly due to company imposed travel restrictions to various affected countries. These companies are clearly acting in their employees’ best interests, and…
View moreBlog6th Mar 2020
Individuals who have worked in Norway, either offshore on the Norwegian Continental Shelf or onshore in Norway are required to complete a Norwegian income tax return.
View moreBlog5th Mar 2020
Historically it was very difficult for HMRC to find out about offshore assets, income, gains and transfers which should have been declared in the UK, but for whatever reason, be it innocent or deliberate, were not reported.
View moreBlog3rd Mar 2020
At last – we’ve reached the end of February, the days have started to draw out, we might even get some respite from the weather. Spring is in the air and a new financial year is on the horizon. Why…
View moreBlog28th Feb 2020
Where contracts are entered into after 29 October 2018 for construction projects on non-residential properties, taxpayers can now potentially benefit from a claim for Structures & Building Allowances (“SBA’s”) on these costs. The claim is made at a rate of…
View moreBlog27th Feb 2020
The UK government understands that promoting UK innovation is key to making the UK more competitive globally, increasing productivity and fuelling economic growth. One aspect of this is the promotion of Innovation tax reliefs available to both Small and Medium Sized Enterprises (SMEs) and large companies.
View moreBlog26th Feb 2020
A radical overhaul of the current UK Inheritance Tax (“IHT”) system has been recommended by a group of MPs. The All-Party Parliamentary Groups (APPG) for Inheritance and Intergenerational Fairness has published several bold suggestions which, if adopted, would represent the biggest change…
View moreBlog25th Feb 2020
The 2018 budget announced the elimination of Enhanced Capital Allowances (“ECAs”) for expenditure on energy and water efficient plant and machinery from 1 April 2020 for companies and 6 April 2020 for unincorporated businesses. This date is fast approaching and…
View moreBlog22nd Feb 2020
*Updated 1 May 2020*
By Jill Walker
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