This helpsheet sets out important information in relation to enhanced claims for Research and Development (R&D) work carried out by small or medium enterprises (SMEs). What is the R&D tax […]
In the run up to Black Friday, Menzies retail expert, Martin Hamilton, highlights the value of this once a year retail phenomenon with his top tips for a successful spree. […]
The Annual Investment Allowance (AIA) gives businesses the opportunity to claim 100% capital allowances in the year of expenditure on qualifying capital assets. £1 million annual investment allowance extended to […]
The 2018 Budget saw the introduction of a new Structures and Buildings Allowance (SBA). The new allowance is available for contracts entered into after 29 October 2018 and allowed for […]
Natasha Spicer – Manager In the 2018 Budget, the chancellor announced a new Structures and Buildings Allowance (SBA) which will apply to construction costs incurred on certain buildings such as […]
Previous rules Patent box relief enables companies to claim an effective 10% rate on patent/IP related profits as opposed to 19% based on current corporate tax rates. Under the previous […]
The 12th November 2020 Financial Times headline reads: ‘Overhaul of UK Capital Gains Tax (CGT) urged in review’ following the release of the Office for Tax Simplification’s report into CGT […]
With Britain’s exit from the EU fast approaching, professional and business services firms across the UK have no time to waste in preparation. With swift action, they could reduce disruption […]
Ed Hussey – People Solutions DirectorDD: +44 (0)1784 497105 Andrew Brookes – Employer Solutions SpecialistDD: +44 (0)1252 541244 EXTENDED JOB RETENTION SCHEME – FROM 1 NOVEMBER 2020 THE GOVERNMENT HAS […]
VAT payments totalling £30billion were deferred between March and June 2020 and are due for payment before 31 March 2021. What if you can’t pay your deferred VAT? HMRC are […]
Brexit Transition Toolkit: Are you prepared? The UK left the EU on 31 January 2020. The terms of the Withdrawal Agreement provided for a Transition Period through to 31 December […]
If you find in this time of uncertainty that you are unable to pay your self assessment income tax liability, there is help at hand. If you have already missed […]
With less than 2 months left to go until the end of the Brexit transition period, UK businesses are still largely in the dark about trading conditions from 1 January […]
Brexit’s Impact on Imports HMRC has now published its first draft of the Border Operating Model (BOM), setting out the UK’s approach to the EU border from 1 January 2021. […]