A result of recent economic challenges in the upstream sector has created a new wave of opportunity and optimism in the North Sea.  An increasing trend is becoming apparent where entrepreneurial smaller businesses are strategically acquiring assets or companies that are no longer deemed as core to business by their incumbent owners.  These owners are often larger organisations with their focus increasingly in other international basins.

In 2017 it was reported that the construction industry contributed £113bn to the UK economy. As one of the large drivers behind the UK economy, it is surprising how little is claimed back by construction businesses through Research and Development (“R&D”) tax relief.

10 Key Areas to Consider Before Selling Your Business

Spring and early summer can be a very busy period, and not just for bees! We have summarised the key deadlines which employers need to be aware of during the upcoming months in relation to their employment tax obligations.

As featured in the May/June 2019 issue of Insider Magazine, AAB is delighted to share details of our dedicated food and drink team's knowledge, experience and recent experience. 

With the significant increase in both activity and confidence in the North Sea, and the strong business ties between the UK and the Scandinavian countries of Norway and Denmark, we have seen an increase in business activity through 2018, and continuing into 2019.  Whilst this is undoubtedly good news for business, companies do need to be aware of their associated tax reporting obligations.