Blog22nd May 2018The International Tax Instrument with the Best of Intentions!For some years now, the OECD have been on a drive to tackle what they call “Base Erosion and Profit Shifting”, or “BEPS.” This refers to strategies adopted by multinationals that exploit gaps or mismatches in tax rules to artificially…View more
Blog21st May 2018Working Overseas & Traversing the Share Awards Tax TrailInternationally mobile employees (IMEs) play an increasingly important role in a globalised world that requires more individuals to work overseas. As technology develops and businesses expand into new markets, complex employment arrangements are in place to move directors, executives and…View more
Blog18th May 2018Norwegian VAT ClaimsBusinesses operating within Norway will pay Norwegian VAT on in-country costs. With the standard VAT rate in Norway at 25%, even relatively small amounts can result in a significant VAT cost accruing over a year. There is a mechanism which…View more
Blog17th May 2018How Looking Back Can Help You Move Forward – The power of management accounts for your businessWhy do I need to prepare management accounts for my business?View more
Blog16th May 2018EMI – Business as Usual!Following the announcement in early April that EU approval for Enterprise Management incentives (“EMI”) tax reliefs had been delayed, it was good to hear that the EU commission have finally confirmed the renewal of EU State Aid on 15th May…View more
Blog16th May 2018R&D Tax Relief: Misunderstood and under claimedThis blog post highlights some common misconceptions regarding R&D tax relief. My company is loss making therefore R&D tax relief will not be beneficial Loss making companies often feel that the only benefit they will obtain from Research and Development…View more
Blog15th May 2018IMPORTANT CONSIDERATIONS WHEN SENDING EMPLOYEES TO WORK IN DENMARKEmbarking on an international assignment to Denmark entails careful planning and consideration, especially when it comes to your UK-resident employees. As part of AAB Group’s commitment to providing comprehensive guidance, we explore the factors surrounding income tax implications for employees…View more
Blog14th May 2018Talent Across BordersFollowing the success of Talent Across Borders last year, Anderson Anderson & Brown LLP (AAB) are running this interactive, cross industry event for the second year in Aberdeen in May and London in June.View more
Blog14th May 2018Putting some Worth into your Worthless Assets: Negligible Value ClaimsPicture the scene; you have carefully invested your money purchasing shares in a listed company with the hope of one day making significant returns on your investment. However, what do you do when the company folds and your shares become…View more
Blog11th May 2018End Use Relief Changes – Welcome News as deadline extended until April 2019Following significant lobbying by the Oil and Gas Industry, the planned changes to the End Use Relief (EUR), including the Shipwork End Use (SEU) relief regime, have been postpone until at least April 2019.View more
Blog10th May 2018Corporate Interest Restriction (CIR)The Corporate Interest Restriction (CIR) is the UK’s legislation implementing the Organisation for Economic Cooperation and Development best practice recommendations for limiting base erosion and profits shifting by means of excessive tax deduction for financing costs. The CIR rules came…View more
Blog9th May 2018Not Just a Compliance Exercise – How the financial audit process can add value to your businessOften incorrectly maligned as a costly exercise and a burden on a business’ finance team, the public are yet again distrustful of auditors due to recent high profile business failures.View more