Blog28th Jul 2022
As the Employment (Allocation of Tips) Bill makes its way through Parliament, it is important to understand what the new Code of Practice to be issued by the Secretary of State would mean, especially for the hospitality, leisure and service…
View moreBlog25th Jul 2022
Self-Assessment taxpayers who had a liability of more than £1,000 in the 2020/21 tax year are likely to be required to make ‘Payments on Account’ towards their 2021/22 tax liability. The first interim payment was due on or before 31…
View moreBlog22nd Jul 2022
It is usually around this time of year, as the holiday season gets underway that government departments publish consultation documents, and HMRC is no different. HMRC is looking for responses to its consultation on improving the data it collects from…
View moreBlog12th Jul 2022
After the appalling actions of P&O in May of this year, the government has now introduced new legislation to ensure that seafarers are paid at least the National Minimum Wage. This new legislation, effective 6 July 2022, applies to any vessels…
View moreBlog6th Jul 2022
As Research & Development (R&D) tax relief claims become more popular across the UK for both SME and large sized corporations, it is no surprise that HMRC is cracking down on the review process for who they grant this generous…
View moreBlog29th Jun 2022
As individuals, we all see the world through a different lens depending on our background, cultural environment, and personal experiences. This influences our judgment and assessment of others and the situations we are confronted with. Collectively, we hold beliefs and…
View moreBlog29th Jun 2022
Most employers provide their employees with a contract of employment when they start with a new employer. It’s common practice across the UK and is essential to set out the expected terms of an employee’s role and their remuneration package.…
View moreBlog27th Jun 2022
From April 2016, the purchase of a second home not only brought a liability to Land and Buildings Transaction Tax (“LBTT”) but also to Additional Dwelling Supplement (“ADS”) which is a levy of 4% of the property price where that…
By Jill Walker
View moreBlog24th Jun 2022
The Trust Registration Service (TRS) was introduced in June 2017 as part of the UK’s Money Laundering regulations. The TRS requires trustees to report information about the trust, trustees, trust assets (for taxable trusts), beneficiaries and other parties associated with…
View moreBlog23rd Jun 2022
Since moving into restructuring at AAB, friends and family have asked me: ‘What is an MVL?’ ‘Is an MVL a bad thing?’ ‘Why can’t owners just close businesses themselves?’ These are all very good questions! The restructuring and recovery team…
By Claire Smith
View moreBlog16th Jun 2022
Having a clear technology strategy is important to adhere to the increased complexity of payroll operations and compliance with UK and international regulations. Few organisations are operating cloud-based payroll systems and consequently sensitive data is passed regularly via email or other non-secure…
By Stuart Law
View moreBlog7th Jun 2022
Over a third of the UK’s carbon emissions are generated by the 80% of domestic homes currently using natural gas for heating and cooking. The UK is committed to reaching net zero emissions target by 2050, therefore, the gas we…
By Callum Gray
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