OUR LATEST INSIGHTS

Blog27th Nov 2023

Members Voluntary Liquidation- What Does It Mean?

Closing down a solvent business can be a daunting time for business owners. Owners are used to having full control and dealing with all business matters, therefore understandably, we are asked many questions before and during the process of a…

By Duncan Raggett

Blog23rd Nov 2023

UK Autumn Statement 2023 | Business Implications Explained

Analysis and commentary on the UK Autumn Statement 2023 from AAB’s team of tax experts, identifying the key changes and outlining the practical implications for you and your business. Download Your Guide Today > On November 22, 2023, Chancellor of the…

Blog21st Nov 2023

Autumn Statement- What Changes Can We Expect?

A lot can change in a year – and after the 2022 Autumn Statement promised wide ranging tax cuts, only for many of the key measures to be swiftly reversed, 2023 could well grab fewer headlines in comparison.  Having said…

By Tom Andrew

Blog10th Nov 2023

Furnished Holiday Lets – Qualifying Conditions & Elections

To gain the tax advantages of a Furnished Holiday Let (FHL), the property must qualify, and HMRC have a series of qualifying conditions which must be met. If the criteria is still not met, the property will be treated as…

Blog2nd Nov 2023

The Key to Family Business Continuity and Successful Succession

“Inadequate family business continuity and succession planning is one of the main reasons why so few family businesses survive. The best way to sustain a successful and enduring enterprise is to implement an integrated plan which sets out how the…

By Feargal McCormack

Blog27th Oct 2023

Is your remuneration strategy legal?

  Each year it is important for business owners to review the company remuneration strategy to determine the most tax-efficient way to withdraw money from the business. Unfortunately, a number of business owners view the contents of the business bank…

By Michaela McCombie

Blog23rd Oct 2023

Importance of Financial Projections: Know Your Numbers

In the ever-changing landscape of the UK economy, business owners face a multitude of challenges that demand foresight, strategy, and adaptability in order to maintain success.  One of the most valuable tools that savvy business owners can utilise to tackle…

By Chloe McAteer

Blog11th Oct 2023

Budget 2024 Ireland | The Highlights

Analysis and commentary from AAB’s team of tax experts, identifying the key changes and outlining the practical implications of the Budget 2024 Ireland for you and your business. Download Your Guide Today > Yesterday, Finance Minister Micheal McGrath unveiled the…

Blog2nd Oct 2023

New Spanish Digital Nomad Visa allows access to the very attractive… Beckham tax law

How does living and working in Spain for up to 5 years, whilst only paying 24% tax sound to you? Spain has always been a ‘go to’ holiday and retirement destination for Brits. The attraction is obvious – what’s not…

By Lynn Gracie and Charlie Dunning

Blog27th Sep 2023

Are you Ready for the Upcoming Tax System Changes like Basis Reform?

With several significant tax system changes on the way like the basis reform, now is the time to check how these will affect your business.  (L to R) Mark McCluskey, AAB Senior Tax Manager with Malachy McLernon AAB Partner and…

By Malachy McLernon

Blog26th Sep 2023

Would you be ready if HMRC lodged a formal enquiry into your Income Tax Return? 

A tax enquiry is the process by which HMRC check in detail that the information on a tax return is correct and complete. HMRC have the right to make a formal enquiry into every tax return submitted to them. This…

By Seamus McElvanna