Blog25th Jun 2018
The countdown is on for individuals, Trusts and Estates to submit a full disclosure to HMRC if they need to correct their underpaid UK tax position in respect of any offshore interests.
View moreBlog25th Jun 2018
HMRC Employer Compliance reviews are something most businesses are faced with at some point. These enquiries can cover a vast area of business procedures, however, tend to have a heavy focus around payroll, employee expenses and benefits, staff entertaining and…
View moreBlog22nd Jun 2018
Deciding to leave the UK to work abroad is a big decision but often the impact on your tax position is an afterthought. The tax treatment depends on a number of factors, including the length and timing of your departure…
View moreBlog21st Jun 2018
This month brought with it positive news on the levels of unemployment in Northern Ireland. As of May 2018 the unemployment rate had fallen to its lowest ever level of 3.1%. This compared favourably with the UK rate of 4.2%…
View moreBlog15th Jun 2018
Starting up or growing a business can be a challenging task. As a business owner you wear many hats, operations, HR, admin, accountant, handyman, finance function, and the list goes on.
View moreBlog13th Jun 2018
The 2018/19 Scottish budget was passed by Holyrood on 21 February, but what does this really mean for Scottish Tax Residents? Tax ‘Winners Derek MacKay was keen to confirm the many winners, including those individuals earning less than £26,000, who…
By Lynn Gracie
View moreBlog11th Jun 2018
With increased globalisation and information sharing agreements in place between countries, firms working internationally are facing global tax headaches as Governments aggressively attack companies using tax audits and assessments. Overseas authorities are focusing on direct taxes, such as personal taxes…
View moreBlog6th Jun 2018
Following a period of consolidation and cost efficiency programmes, oil and gas related companies are beginning to see an improvement in performance and trade. This has been aided by the increase in the oil price which has doubled in two…
View moreBlog5th Jun 2018
As soon as the Norwegian tax authorities have assessed the Norwegian tax returns, they will issue a Norwegian Tax Assessment Notice (TAN) between June and October, following the year of duties in Norway.
View moreBlog4th Jun 2018
Businesses operating or incurring costs within other EU member states will pay VAT on at least some of their costs. VAT rates across the EU range from 15% to 27% so even relatively small costs can result in a significant…
By Debbie Smith
View moreBlog1st Jun 2018
Recently, AAB were approached by an oil and energy company, with globally mobile employees, who wished to transfer their payroll from their current provider. As part of the implementation process a thorough review of the clients payroll process was undertaken.
View moreBlog31st May 2018
We often come across companies who have tight reporting deadlines for group audit clearance but leave the preparation of subsidiary statutory accounts until a quieter period later in the year. As time passes and filing deadlines loom closer; finance departments…
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