OUR LATEST INSIGHTS

Blog9th Aug 2019

New Frontiers for Norwegian Oil & Gas

Studies continue to identify Northern Norway and the Arctic as a growth area for the Norwegian oil and gas industry. Significant investment and development, including around key towns Hammerfest and Kirkenes, and the Arctic Barents Sea as a whole, should…

Blog8th Aug 2019

NHS Pensions – Government rethinks approach to Tax on pension growth for Doctors

What is the Issue?

Blog7th Aug 2019

Offshore Assets or Income? …watch out for those ‘pesky’ penalties…

Our previous blog, Requirement to Correct – “Are you sitting Comfortably?” went on to confirm that 30 September 2018 was the final deadline to take advantage of HMRC’s ‘amnesty’ to voluntarily disclose previously undeclared offshore income or gains. The advantage…

Blog6th Aug 2019

Deals+ O&G Deals Done in the UK Q2 2019

As featured in Energy Voice, Anderson Anderson & Brown Corporate Finance (“AABcf”) are delighted to share our quarterly Deals+ update for Q2 2019, highlighting selected Oil & Gas M&A and Fundraising transactions across the UK. Reflecting on Q2 2019 Oil…

Blog2nd Aug 2019

Simplifying the Design of Inheritance Tax

On 5 July the Office for Tax Simplification (“OTS”) published its second report on proposed reform and simplification of Inheritance Tax (“IHT”). The report suggests amendments to the existing IHT framework rather than tackling policy issues such as replacing IHT entirely…

Blog1st Aug 2019

IR35 Off-Payroll Reform – Draft Legislation Released

The eagerly awaited draft legislation has now been published by the Government for extending the public sector IR35 reforms to large and medium sized businesses in the private sector, impacting an estimated 170,000 individuals and 60,000 engager organisations, although many…

Blog29th Jul 2019

Is your business impacted by the change in Employment Allowance rules from April 2020?

The Employment Allowance was initially introduced in April 2014. Whilst minimal changes have been made to the qualifying criteria of who can claim the allowance in recent years, there is some big changes ahead of us from April 2020.

Blog19th Jul 2019

Foreign employees working onshore in Norway – ID Controls

Employers sending their employees to work onshore in Norway, must ensure that the employees attends an ID control meeting at one of the selected tax offices in Norway, in order to verify their identity and to obtain a tax deduction…

Blog8th Jul 2019

Accountant to client:  ‘Reports of my death have been greatly exaggerated’

Getting on for 30 years ago my brother married an American girl, and we made the journey from the UK to Texas for the celebrations. As father of the groom my father made a speech where he talked about how…

Blog4th Jul 2019

Scotland Food & Drink – the £30 billion pound opportunity – supporting companies unlock their potential

The Scottish food & drink industry is a globally recognised brand and continuing to strengthen this brand will be key to reaching the shared vision of the Scotland Food & Drink Partnership outlined in their “Ambition 2030” strategy. To achieve…

By Derek Mair

Blog2nd Jul 2019

Dental Incorporations – An Efficient Tax Planning Tool

With the recent changes to the Scottish Income Tax system, many dentists are considering how to run their business more tax-efficiently.

Blog20th Jun 2019

PAYE Settlement Agreements – Another HMRC Deadline Approaches

  What Is A PAYE Settlement Agreement? A PAYE Settlement Agreement (PSA) is currently an annual agreement made with HMRC, which allows employers to settle the tax and National Insurance (NI) due on small or irregular taxable expenses or benefits…