HMRC issue one too many letters – again…

HMRC are sending letters to individuals who are named as a Person of Significant Control (PSC) of a company registered at Companies House. These letters have been issued to a large number of taxpayers and are being sent directly to individuals and/or separate letters to their agent, where the taxpayer is represented.

Cheers to Indirect Tax relief!

Indirect Tax changes can help revitalise the tourism and hospitality sector 

Submit your Tax Return by 30 December and avoid paying your tax in January!

Sound good...? There may be a way for you to have tax collected via your tax code instead of paying your total bill in January. You can pay your Self-Assessment bill through your PAYE tax code if you submit your Self-Assessment Tax Return online by 30 December.

Deals+ Energy Deals Done in the UK Q3 2021

As featured in Energy Voice, Anderson Anderson & Brown Corporate Finance ("AABcf") is delighted to share with you our quarterly Deals+ update for Q3 2021, highlighting selected Energy M&A and Fundraising transactions across the UK.

Do you know the benefit of Theatre Tax Relief?

As theatres begin to open their doors once again, many production providers are undoubtedly looking for invaluable financial relief to help alleviate what has been a tough time.

There is no escape - Making Tax Digital will include Non Doms and Non UK Residents

Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) compliance obligations are still being introduced in the UK. This was originally due to be implemented in 2023, but after much lobbying from a variety of professional bodies, this has now been postponed until April 2024.

HMRC Nudge Letters to Crypto Currency Investors

This month will see HMRC issue “Educational Nudge letters” aimed at UK investors in the crypto market. The letters will ask taxpayers to check they have reported crypto gains correctly and paid the right amount of capital gains tax, or in some cases, income tax.

The Flexible Workforce Development Fund (FWDF)

The Scottish Government has confirmed the details of the 2021/22 Flexible Workforce Development Fund (FWDF) - phase 2, with the key points as follows: 

Working in Denmark? Are You Tax Aware?

Given the close proximity and strong business ties with the UK, Denmark is an attractive location for UK companies to operate in. But what some companies may be unaware of is that, when undertaking work in Denmark, whether this be offshore or onshore, the UK company and its employees may have resultant Danish tax liabilities. 

Scotland’s tech innovation hubs are more important than ever

Since 2019 our lives, whether it be personal or work related, have completely transformed. The one constant across all of our changes has been our increased reliance on technology.

What opportunities are there for SMEs?

There is no doubt that SMEs are facing a changing market. If you are an SME owner or manager, you will know that the past couple of years have been full of new challenges, and several new measures will have had to be put in place to ensure business survival and success. But it is important to remember that opportunities can arise out of adversity.

Latest Posts

Get the AAB Blog Digest