Blog13th Dec 2022What challenges are family businesses facing today?The UK is going through a period of uncertainty. The economy is struggling to recover from the Covid-19 pandemic, we’ve had months of political uncertainty and the rise in the price of necessities such as energy and food have caused…By Paula FraserView more
Blog12th Dec 2022Food & drink sector dos & don’ts for cost of living crisisThe soaring price of food, energy and running costs has pushed inflation to a 40-year high as the rising cost of living continues to squeeze. UK food and energy prices are rising at their fastest rate in 42 years. With…View more
Blog7th Dec 2022Court-sanctioned SME Restructuring Plan imposes cram down of HMRC preferential debtThe High Court in London recently sanctioned a Restructuring Plan for Houst Limited despite opposition from HMRC, one of the company’s major creditors. Our Restructuring team explains the significance of the case. Restructuring Plans were introduced as a Business Recovery…By Nicola RollingsView more
Blog3rd Nov 2022AABIE visit the newly opened playpark at SensationALLAt AAB we all have it in our hearts to help others. With that in mind we launched AABIE, our charitable initiative in 2016. AABIE enables everyone at AAB Group to invest and give back to the communities in which…By Claire Smith View more
Blog17th Oct 2022To be or not to be – mini-budgetAs we found out last week from several press articles, the new Chancellor, Jeremy Hunt, does not support many of the tax cutting measures that were set out in the mini-budget by the former Chancellor Kwarteng. The first being the…By Nicola BurnsView more
Blog29th Sep 2022PAYE Settlement AgreementsPayment deadline Class 1B Employer National Insurance contributions and tax are due by 19 October or 22 October if paying electronically. For October 2022 you will need to ensure your electronic payment reaches HMRC by Friday 21 October as the…By Nicola BurnsView more
Blog17th Aug 2022Organised Labour FraudHave you heard of OLF (Organised Labour Fraud)? HMRC’s Fraud Investigation Service (FIS) uses this term when describing organised crime that involves genuine labour supplies. The Chartered Institute of Payroll Professionals published a HMRC special on the topic, but have…By Nicola BurnsView more
Blog8th Aug 2022Working Remotely – Nine to five at the office is no longer the norm… but neither is working in a UK officeThe impact of COVID has been widespread and far reaching, touching all aspects of work and home life. Many now have the option to work from home, but some are taking this as an opportunity to work from anywhere, including…By Lynn GracieView more
Blog4th Aug 2022CYCLE TO WORK DAY – ANTICIPATING 1 AUGUST 2024As we approach National Cycle to Work Day on 1 August 2024, the significance of cycling for both personal health and environmental well-being continues to grow. Originally introduced by the UK government in 1999, the Cycle to Work scheme aimed…By Nicola BurnsView more
Blog2nd Aug 2022Importance of Tax Planning When Selling a BusinessSuccessful business owners usually think long and hard about their exit strategies and negotiating business sales that meet their needs, but relevant tax planning is often overlooked or considered too late in the process to be effective. When you’ve put…By Gunhild DamView more
Blog28th Jul 2022Employment (Allocation of Tips) Bill 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…By Nicola BurnsView more
Blog22nd Jul 2022HMRC – Improving the data it collects from its customers consultation documentIt 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…By Nicola BurnsView more