Taxation

Taxation Services Overview

Our experience and breadth of knowledge in taxation at AAB is unique, with our capabilities being recognised in our Tax Team of the Year award at the 2014 and 2015 Scottish Accountancy & Finance Awards. We ensure that our clients' tax compliance obligations are met while looking to provide added value tax advice to ensure that their affairs are effectively and efficiently structured.

Our dedicated specialists operating in the following areas:

Corporate Tax

In the area of Corporate Tax, companies must comply with self-assessment rules within strict time limits and with increased reporting obligations, and face harsher penalties for non-compliance.

Our involvement will ease the burden by providing an efficient and timely tax compliance service which aims to keep tax payments to the minimum whilst avoiding any penalties and helping groups of companies structure their operations so that tax costs are reduced.

International Tax

As businesses become more international taxes, both in the UK and in the overseas country, are likely to be payable. With our expertise we can advise on all aspects of doing business globally. In particular, we can assist with the tax efficient structuring of overseas operations; the pricing for goods and services supplied to overseas group companies; overseas contract pricing; the VAT planning for cross border transactions; the repatriation of profits and double relief tax planning.

Corporate Transactions

Buying or selling a business, or bringing in outside investors, involves major tax issues. We can assist in keeping tax costs down by preserving tax reliefs when a business changes hands, obtaining tax relief for shareholders and minimising capital gains tax on disposal.

Expertise to Entrepreneurs

At AAB our team of Entry 2 Exit Experts ('E2') concentrate on ensuring our Entrepreneurs achieve higher returns by delivering structuring and tax advice with a commercial focus.

Private Client Tax Services

The opportunity for tax planning can be considerable, and our knowledge can be used to identify tax savings from structuring personal wealth to reduce inheritance tax; planning remuneration and pension packages, making full use of allowances and reliefs and looking for tax-favoured investment opportunities.

VAT

Our VAT team can assist in all areas of VAT compliance and consultancy, which includes Audit, Compliance (VAT returns, EC Sales Lists, Intrastat returns), Consultancy, Corporate Finance and Annual VAT Health Checks.

Employer and Expatriate Tax

As part of our Integrated Employment Solutions service range, our employer & expatriate tax specialists deliver core taxation services to meet the domestic, international and social security needs of employers, contractors, sub-contractors and individuals.

Norway

Our knowledgeable team provide a unique service, offering specialist advice regarding the implications of working in Norway. We can assist with tax compliance in Norway and can advise on the interplay of UK tax compliance including the implementation of Net of Tax Credit schemes. We also assist individuals with complex personal tax issues in relation to the UK and Norway.

Charity Services

It is a common misconception that charities do not pay tax. In fact charities are subject to various taxes but with careful planning the effects can be reduced. Our experienced team provide specialist advice to assist charities in planning transactions in the most tax effective manner as well as providing support in dealing with compliance matters.