R&D claims – evidence required
Date posted: 27th Aug 2020
It is important to remember that when making a claim for research and development tax relief, HMRC will expect that you will provide sufficient information for them to…
Date posted: 27th Aug 2020
It is important to remember that when making a claim for research and development tax relief, HMRC will expect that you will provide sufficient information for them to…
Date posted: 14th Aug 2020
As you may be aware HMRC have had to reallocate staff to deal with the myriad of Corona Virus support schemes. This has resulted in them being behind…
Date posted: 14th Aug 2020
As the UK officially enters a recession, we take a look at what tax planning opportunities may be available for individuals and businesses. A few potential ideas are…
Date posted: 14th Aug 2020
HM Revenue & Customs (“HMRC”) have started to issue letters to clients and their representatives in relation to unreported overseas income. HMRC are clearly concerned that individual’s are…
Date posted: 14th Aug 2020
The Court of Appeal has recently ruled that certain modified vans are regarded as cars for tax purposes, rather than vans. This follows on from the original tribunal…
Date posted: 6th Aug 2020
When the Chancellor announced a temporary cut in the rate of VAT for the hospitality sector and attractions in his Summer Statement on 8 July there were a…
Date posted: 6th Aug 2020
There has been a lot of speculation in the Press that the Chancellor may introduce radical changes to capital gains tax to start to repay the substantial Government…
Date posted: 15th Jul 2020
Following the Chancellor’s recent announcement regarding the cut to stamp duty land tax (SDLT), the UK residential property market is expected to see an increase in transactions in…
Date posted: 8th Jul 2020
Travel restrictions imposed by COVID may cause a tax headache for a number of individuals who are usually regarded as non-UK resident and as a result do not…
Date posted: 8th Jul 2020
Tax relief for research and development (R&D) expenditure, remains an underclaimed corporate tax relief. Nevertheless, for those companies claiming the relief, it has proven to be a valuable…