Financial data that’s right up to date

More and more accountancy professionals are encouraging their clients to use the cloud-based platform Xero. STEVE MITCHELL of AAB outlines exactly what it is the technology can offer.

Winding up your business? Watch out for the new rules.

The way in which you’re taxed when a company is sold or wound up is about to change. In this blog article we outline the implications.

Tax Exemption for Trivial Benefits – effective 6th April 2016

Want to thank your employees for their hard work, gain some goodwill or just give them a little boost without the associated tax burden? This will soon be easier than ever before!

Benefits in Kind Update

Save Costs! – time is running out to reduce administration burdens and costs by taking advantage of the new set up

For those employers looking to take advantage of the opportunity to include employees' benefits in kind in the payroll from 6 April 2016, rather than completing P11D forms, then you should take the following action ahead of the 5 April 2016;

Just another “Tax”?!

As if employer’s haven’t been hit hard enough lately with the introduction of auto-enrolment, the increase to the minimum wage and introduction of the living wage, along comes another cost with seemingly little return – The Apprenticeship Levy, effective 6th April 2017.

A New Era for Tax Reporting

As the dust settles in accountants’ offices up and down the country after the annual January rush to meet the deadline for Self Assessment tax returns, it’s the perfect time to look ahead to the new Digital Tax Accounts that were first announced back in the March 2015 Budget.

Growing support for UK whistleblowers

The UK’s Public Interest Disclosure Act 1998 and the subsequent Enterprise and Regulatory Reform Act 2013 was introduced by the UK government to provide legal protection for people voicing concerns whether internally, to regulators, or to the media in industries across the UK.

Ten tips for keeping your business safe online

The government has identified ‘Ten Steps to Cyber Security’, which are essential for any business looking to protect itself online, here we talk through the suggestions.

Turning a blind eye to transparency

Why failing to set the tone at the top can prove costly

In recent years many organisations up and down the country have implemented whistleblowing arrangements and other controls, with the aim of encouraging staff to speak up and help stamp out fraud and other wrongdoing.

Internal Audit – Vendor Masterfile

Over the past few months I have been out and about meeting a number of Finance and Accounting professionals across the country. Discussions have covered a broad range of matters relating to our internal audit, internal controls and process improvements service lines at AAB.