Research & Development Tax Relief (R&D)
HMRC’s tax incentives for companies investing money in R&D are not new, but it is only in recent years that the number of SME’s taking […]
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Tax Saving
HMRC taken to task over response to taxpayers telephone calls
The head of HM Revenue and Customs (HMRC) recently spent an afternoon attempting to defend the department’s inadequate record on answering telephone calls. In answer
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New law for small businesses sneaks under the radar…
Have you implemented the changes in The Small Business, Enterprise and Employment Act 2015 that received Royal Assent in March 2015? Some of the changes
New law for small businesses sneaks under the radar… Read More »
Are you missing out on Tax Relief on Patents?
UK Patent Box allows 10% corporation tax for sales of patented products and patent royalties; existing regime to be closed for new companies in June
Are you missing out on Tax Relief on Patents? Read More »
Retailer liable to pay VAT on value of clothes given to employees to wear while working in the shops
The First-tier Tax Tribunal (FTT) has decided that French Connection is liable to account for VAT on the cost of its clothes given to employees
Do the new accounting standards affect me?
With relatively little fanfare, FRS 102 comes into force for accounting periods commencing on or after 1st January 2015. This is a fundamental change in
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Warning! Proposed Changes to Private Residence Relief
HMRC is currently consulting on its proposals to extend the scope of capital gains tax to include non residents selling UK residential property. Contained within
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Employment allowance – claim now!
On 6 April 2014 the Employment Allowance came into effect – a new relief which means nearly all employers can save up to £2,000 of
Employment allowance – claim now! Read More »
HMRC Tackling Fraud – an Update
At a time when there has never been a greater focus on “morally repugnant” tax planning, we thought it might be interesting to see how
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VAT Windfall for Golf Clubs
Member-owned golf clubs in the UK could be in line for a considerable windfall after the European Court of Justice ruled that their visitor green
VAT Windfall for Golf Clubs Read More »
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