OUR LATEST INSIGHTS

Blog10th Dec 2020

2020 Year in Review – Food & Drink Sector

When entering 2020 we were fully expecting the year to largely be focussed on two topics: sustainability and growth funding. To a large extent, both topics have still been highly prevalent, albeit funding often being required to strengthen cash flows…

Blog9th Dec 2020

2020 Year in Review – Public & Third Sector

2020 has been a hugely difficult year for many, particularly in respect of concerns about health, wellbeing and financial security.  The Office for National Statistics estimated in September that the UK economy was around 20% smaller than at the end…

Blog8th Dec 2020

Do you find yourself with an over or underpayment of tax every year?

If the answer is yes, let me ask a second question. Have you ever had a professional tax advisor check your tax codes? Now is the time.

Blog8th Dec 2020

2020 Year in Review – Tech Sector

At the beginning of 2020, we were expecting this to be another strong year for the Scottish Tech scene, and in particular the Edinburgh ecosystem. Record levels of investment were forecast, and we hoped to see that next generation of…

Blog7th Dec 2020

Change and challenges in the energy sector

As seen in Energy Voice, AAB’s Callum Gray reflects on the last 12 months of activity in the Energy sector. 

Blog3rd Dec 2020

Brexit and National Insurance – the transition

As a result of leaving the EU, the UK will experience a number of changes and one area which will be impacted is that of National Insurance. Negotiations are still ongoing however the below is what we know so far.

Blog2nd Dec 2020

Is a new wealth tax coming?

The public spending requirement to deal with the consequences of COVID-19 has been without precedent and there is debate about how to rebuild public finances. The pandemic has exposed ever widening inequalities in society and calls for a tax on…

Blog1st Dec 2020

Do you value your time?

As we near the end of 2020, a year full of new challenges and change, there are a number of learnings we can reflect on, and questions we will ponder as we enter 2021.  

By Lauren McCluskey

Blog30th Nov 2020

Temporary workplace rules – not always as straightforward as you may think…

The recent outcome of the Sambhi v HMRC case has brought to light the complexities and lack of case law surrounding the temporary workplace rules, which govern the tax relief available on travel expenses and subsistence payments for employees working…

Blog26th Nov 2020

Investigating Inheritance Tax – HMRC haul hits four year high

HM Revenue & Customs (“HMRC”) has recently reported a 4-year high in Inheritance Tax (“IHT”) revenues after collecting an additional £274m as a direct result of more than 5,000 investigations during the 2019/20 tax year. This amounts to an average…

Blog25th Nov 2020

Furlough during the Christmas period

With Christmas only one month away, employers and employees will now be thinking ahead on what this means during Christmas when most employers shutdown or employees request holidays during the festive period.

Blog25th Nov 2020

Don’t be blind to the Brexit challenges

Even with perfect vision, no-one could have foreseen how difficult a year 2020 would have been for UK businesses.  However, as we head towards 2021, and the end of the Brexit transitional period, the fresh challenges involved in the import or export of goods…

By Alistair Duncan