In recent years, HMRC has identified and successfully challenged several false claims for Research and Development (R&D) tax credit relief made by purported R&D Consultants. Many of these claims have been for projects that did not satisfy the criteria for the...
The lowdown on this relief for innovation. Research and Development (R&D) tax credits were once a little known tax incentive for companies which invested in innovation. But after rule changes in recent years, and a push by many Tax Advisers, they are now much more...
By the time you’re reading this, the new tax year has started. Some of the changes have been public knowledge for months now and some of the rises have been anxiously awaited as the country continues to face a cost of living squeeze. With these changes adding to the...
The Chancellor, Rishi Sunak, delivered his Spring Statement on 23 March. Faced with the task of creating a ‘strong economy’ for the UK, against the challenging background of high inflation, rising costs and the threat of conflict in Europe, he announced a raft of new...
As your company year end date gets closer, there are a number of administrative and financial tasks to start planning for – so it’s a good idea to get yourself organised and ready. There are several things to check, either on the year end date, or before the end of...
Pensions usually fall outside of your Estate. Inheritance tax was thought to be ripe for reform in last year’s Autumn Budget but, as it happened, it was left untouched for another tax year. What that means is the £325,000 nil rate band has been in place since 2009,...
