Tax

At AAB, we understand the intricacies of tax compliance and the benefits of strategic tax planning. Our approach is designed to ensure your business meets both objectives effectively, balancing the need for transparency with the pursuit of tax efficiency. 

Malachy

Malachy McLernon

Corporate Tax Partner

Contact Malachy Meet the team

Who we can help

  • ENTREPRENEURS
  • MULTINATIONALS
  • PRIVATELY OWNED & LISTED BUSINESSES
  • PUBLIC & SOCIAL SECTOR ORGANISATIONS
  • SMES
  • START-UPS

How we can help

CONSTANTLY STRIVING TO IMPROVE TAX FOR YOU

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Our award-winning multi-jurisdictional tax team is skilled in crafting strategies that optimise your company’s financial health while fully adhering to intricate tax laws. From entrepreneurs to expanding global corporations, our priority is to reduce your tax liabilities, maximise applicable deductions, and guarantee regulatory compliance. 

As a private client, you too can benefit from personalised tax advice that safeguards your wealth in the face of increasing scrutiny from HMRC and the Revenue. Our tax team provides expert support to keep you informed, optimise your tax efficiency, and protect you from potential tax disputes. 

FOCUS ON YOUR BUSINESS, NOT ON YOUR TAX

Our team, recently awarded Irish Accountancy Award’s Tax Team of the Year, has a proven history of developing innovative, tailored tax strategies that cater to the distinct needs of every client. This accolade is a reflection of our commitment to excellence and the impactful results we’ve delivered. 

We understand that each client and industry has its own specific tax considerations. Our experienced team draws upon years of accumulated knowledge across diverse sectors to provide practical advice that is tailored to your organisation, ensuring you receive invaluable insights relevant to your unique circumstances. We are dedicated to reducing your corporate tax liability, minimising the impact of new regulations and crafting the most efficient tax structures possible for your business. Our comprehensive service includes: 

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  • The legacy that we have left our children to take the company into the third phase is to surround yourself with strong partnerships, like AAB, partnerships that will support, guide and add value.

    Feithlinn McCullagh, MD – Newcel Paper Converters

  • AAB understand our business. They understand our needs as a company and as people. It’s very refreshing to get this from an accountancy practice and it’s been the perfect partnership to help us grow our business.

    Cathal Grant - Grant Fit Out

  • Since our engagement with AAB, our business has spanned two generations. Throughout this 25-year period we've relied heavily on their team and they have played an integral part in our business as it has grown.

    Mark Kelly – Financial Controller, Kelly Bros. Limited

  • Working with AAB was one of the best decisions we made. AAB has become an integral part of our team, taking away the hassle of financial tasks, and allowing us to focus on growing our business.

    Ryan Hanratty, CEO - PENNY FARTHING

GLOBAL ANSWERS FOR GROWING COMPANIES

As a cross–border business ourselves, we are uniquely positioned to provide strategic tax advice to businesses expanding into new markets and crossing borders into different jurisdictions. Multijurisdictional taxes are complex. With our guidance, you can effectively identify your tax liabilities, ensuring you only pay what is necessary while avoiding interest or penalty charges. We can also assist you in managing incremental overseas tax and compliance costs, allowing you to budget effectively and safeguard your profits. Additionally, our team will provide guidance on tax reporting and payment rules for employees working abroad, ensuring compliance throughout your operations. 

Grow your business internationally

EXPERT HELP WITH VAT & INDIRECT TAXES

Effective management of Value-Added Tax (VAT) is vital for strategic business planning, requiring meticulous attention to protect profits. Besides VAT, businesses must navigate Customs Duty, Excise Duties, and environmental taxes, all impacting profit margins. 

With deep expertise from diverse client service and backgrounds in HMRC, the Revenue and private industry, our team offers tailored guidance in VAT and indirect tax challenges. We provide specialised solutions from compliance to complex restructuring. 

Our aim is to demystify these tax complexities, ensuring you make informed financial decisions, supported by our comprehensive advice and expertise. 

How we can help:

  • Saving time with our VAT Supply Tool
  • VAT compliance
  • VAT advisory and planning services
  • International VAT
  • VAT health checks
  • Customs duty
  • Excise duties
  • Environmental taxes
Use our VAT & indirect taxes service

R&D TAX RELIEF &
PATENT BOX

Innovation is critical for growth and productivity in ambitious businesses. Governing bodies, such as HMRC and the Revenue encourage this progress through R&D tax credits, rewarding businesses for developing new or enhanced products, processes, or services. Despite the billions claimed annually, many companies overlook these credits or are put off by the complexities involved in making a claim. 

While new legislation and recent regulations have intensified scrutiny to deter false claims, legitimate businesses still have ample opportunity to fund their innovations. Our R&D Tax Credit specialists have created a slick and quick process to ensure our clients achieve the maximum benefit from their innovation activity, every time! These tax reliefs not only offer significant cost recovery but also reduce Corporation Tax rates on revenues from patented innovations. We’re proud of our 100% success rate on claims submitted. 

Learn more about R&D tax relief & patent box

TAX INVESTIGATIONS: OUR SURVIVAL GUIDE

In the unfortunate event of a tax investigation, we are by your side to soften the impact. 

Investigations are on the increase as HMRC and the Revenue look to generate more tax to fund the enormous spending through the pandemic. Any individual or business can be subject to an enquiry, even if their affairs are in order. For businesses and individuals who are the subject of these investigations, presenting a strong defence can make all the difference to the outcome. AAB are one of the few firms able to offer both Irish and UK Tax Investigation Fee Protection.

Our experienced tax team will guide you through the process, ensuring accurate and timely responses to authorities. Leveraging our extensive expertise in dealing with tax investigations, including insights gained from working for HMRC and the Revenue, our tax advisors fiercely defend your interests, aiming to reduce liabilities and minimise penalties. 

Let AAB guide you
TAX INVESTIGATIONS: <span>OUR SURVIVAL GUIDE</span>

ENTREPRENEURIAL TAX ADVICE

For Entrepreneurs, the tax landscape is rich with possibilities, yet the intricate rules established by HMRC and the Revenue call for the guidance of seasoned professionals. Our team excel at enhancing the financial yields for both entrepreneurs and individuals of substantial wealth through astute, commercially-savvy tax advisement.

 

We set ourselves apart with the precision-crafted investment strategies that are tailored to match our clients’ specific financial goals, guaranteeing enduring advantages across the full spectrum of their investment experience, including tax incentives, efficient structuring, employee incentives, and pre-exit wealth and estate planning

Get entrepreneurial tax advice

TRANSACTION TAX SUPPORT

Tax plays an important role in any transaction and can have a significant impact on the deal. Our team of multi-disciplinary tax specialists focus on the most tax-effective structure for a transaction and for future tax arrangements.

Working closely with our Corporate Finance team, we’ll support you at every stage of the deal cycle. Our expertise and experience add real value to any transaction and includes:

  • Relevant tax advice including pre-sale planning and structuring an acquisition.
  • Specialist tax due diligence on target businesses.
  • Tax clearances and negotiations with HMRC.
  • Personal tax advice for vendors or management teams on Capital Gains, Income Tax and Inheritance Tax.
Speak with our tax specialists
How can we help?

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  1. Blog7th Jul 2025

    Alexandra Wheelan, VFF Manager, author of blog for revenue recognition

    FRS 102: Revenue Recognition- what’s changing?

    As accounting standards evolve, staying informed about the updated FRS 102, particularly in relation to revenue recognition, is crucial for your business. The Financial Reporting Council has introduced significant amendments to UK GAAP, including a new revenue recognition model. These…

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  2. Blog24th Jun 2025

    Erica Fitchie, Corporate Tax Partner

    Are changes coming to UK transfer pricing rules?

    On 28 April 2025, HMRC announced a consultation period in respect of significant changes to the UK’s Transfer Pricing, Diverted Profits Tax and Permanent Establishment legislation as part of the government’s Spring tax update. In this article, we will review…

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  3. Blog19th Jun 2025

    Gabrielle Bird, author of blog about VAT recovery on pension investment costs.

    VAT recovery on pension investment costs: what’s changed?

    Yesterday, HMRC issued Revenue and Customs Brief 4 (2025), marking a major shift in the long-running saga of VAT recovery on pension investment costs. For businesses and trustees alike, this is more than a technical tweak—it’s a chance to simplify…

    By Gabrielle Bird

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  4. Blog13th Jun 2025

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    Making Tax Digital (MTD): 4 steps to help you prepare

    From 6 April 2026 , Making Tax Digital (MTD) for Income Tax Self-Assessment will become mandatory for individuals with annual gross income of over £50,000 from self-employment and/or property income. This will be lowered to £30,000 from 6 April 2027 and £20,000…

    By Kirsty Ringland

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