Blog26th Jun 2024 National Minimum Wage: Employee costs just keep rising! Q: As a small company with 15 employees I would like to understand the changes coming in the new tax year regarding payroll taxes and the national minimum wage? The new tax year 2023/24 has just arrived and there are… By Caroline Murphy View more
Blog26th Jun 2024 The Key to Successful Family Business Succession Planning The ability to achieve a smooth transition from one generation to the next is a hallmark of successful family businesses. However, succession planning for transition is rarely easy. The key is to recognise that succession is always a marathon, not… By Caroline Murphy View more
Blog26th Jun 2024 Income tax ‘basis period’ rule change Draft legislation on the proposal to reform income tax basis periods was released on 20 July 2021 in the build-up to Finance Bill 2022. If you are a sole trader or partnership with an accounting year-end other than 31 March… By Caroline Murphy View more
Blog26th Jun 2024 The Accidental American “The Accidental American” may sound like a film title but the consequences of being one are far more real than a Hollywood script would entertain. With several high-profile cases over the past few years, including our own ex-Prime Minister, the… By Caroline Murphy View more
Blog26th Jun 2024 Insolvencies set to rise in Northern Ireland Insolvency levels in Northern Ireland have been lower than usual in recent times however the reintroduction of Creditors Winding Up Petitions for the first time since the pandemic is likely to result in increased activity in the coming months, says… By Caroline Murphy View more
Blog26th Jun 2024 Domestic Abuse as a Workplace Issue In 2022, the Northern Ireland Assembly passed the Domestic Abuse (Safe Leave) Bill entitling victims of domestic abuse to at least 10 days paid leave each year to deal with domestic abuse issues. While the commencement date is not yet… By Caroline Murphy View more
Blog26th Jun 2024 UK Spring Budget 2023 Analysis and commentary on the UK Spring Budget 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 Wednesday 15th March 2023, The… By Caroline Murphy View more
Blog26th Jun 2024 Missed Self-Assessment Tax Return Deadline – Your Next Steps Q: I was not able to file my tax return before 31 January 2023 as I was in hospital. What are the implications and what should I do now? The deadline for filing your 2021/22 self-assessment tax return was… By Caroline Murphy View more
Blog26th Jun 2024 Embrace Equity: International Women’s Day 2023 and Beyond International Women’s Day (IWD) exists to celebrate the achievements of women in all areas of society including Women At Work. This years’ theme is embrace equity. Equity is based on the principle that we all start our journeys from different places… By Caroline Murphy View more
Blog26th Jun 2024 The challenge the energy transition presents Our frontier regions of the UKCS are experiencing real challenges in respect to the Energy Transition. We as a nation and as an economy must be careful what we wish for in terms of ensuring energy security, stable pricing, meeting… By Caroline Murphy View more
Blog26th Jun 2024 Leading Challenging Change: Redundancy Planning for Managers A redundancy process, while not entered into lightly is sometimes necessary in order to sustain a business in the long-term and protect roles. Redundancy has increasingly been in the news, with high-profile examples in the technology sector, and last year… By Caroline Murphy View more
Blog26th Jun 2024 The Herd Group Moves to Employee Ownership We advised Herd Group on transferring to an Employee Ownership Trust. The Herd Group is a Surrey-headquartered vehicle rental firm that has seen significant year-on-year growth since the business was founded in 2014. The firm, which now operates throughout the… By Caroline Murphy View more
Blog26th Jun 2024 ID Checks for Foreign Employees Working in Norway When working in Norway, individuals are required to undergo a mandatory check of their identity documentation by personally attending a short appointment at a Norwegian tax office or at a Service Centre for Foreign Workers based in Bergen, Kirkenes, Oslo,… By Caroline Murphy View more
Blog26th Jun 2024 Anita Roddick : Authentic Leadership Identifying your leadership inspiration is proven to inspire action, raise performance levels and ignite creativity. In her latest blog, Think People Senior OD and Talent Consultant Nicola Thompson tells of her leadership inspiration, Anita Roddick. After a high heeled dash to… By Caroline Murphy View more
Blog26th Jun 2024 Keeping your Side Hustle Safe In light of the current cost of living crisis, many individuals, have turned to side hustles such as selling garden products on platforms like Amazon and eBay. However, this entrepreneurial initiative has led to receiving unexpected correspondence from HM Revenue… By Caroline Murphy View more
Blog26th Jun 2024 Could the budget affect your pension allowance? The last couple of UK budgets have been quiet in relation to changes in pension legislation. The media and general financial services industry have often tried to second guess changes, including a number of areas such as tax-free cash, salary exchange and pension allowances. However, despite the almost… By Caroline Murphy View more