Few architectural firms request R&D tax relief, even though their activities usually meet HMRC’s requirements. The solutions designed for construction-related issues could qualify for these valued tax reliefs, aiding firms […]
In the last stages of 2021, some subsectors of the commercial property market were still seeing low rental income compared to pre-pandemic levels. With the cost of mortgage repayments expected […]
One of the biggest changes we will see in payroll for 2022/23 are the National Minimum Wage (NMW) increases. Chancellor Rishi Sunak said that the increase, “ensures we’re making work […]
Research & Development (R&D) is not all about laboratory scientists in white coats, architectural practices may qualify through the solutions they design and develop for construction-related problems. Qualifying expenditure must […]
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 […]
Stephen Hemmings, Menzies Tax Partner, alongside Richard Turner, Senior Manager and Viresh Mistry, Assistant Manager, discuss the current rates of Stamp Duty Land Tax and how expensive a £1 million […]
The large sums of money involved in property transactions and investment have long attracted a high level of fraudulent activity. However, the explosion in internet use over the last decade […]
The focus for the property and construction sector budget has been on public spending rather than new tax measures. The key headlines are: £1.7bn dedicated upgrading local infrastructure £1.8bn going […]
Since 6 April 2020 UK residents disposing of residential property where a chargeable gain arises need to report and pay any Capital Gains Tax (CGT) due within 30 days of […]
What is R&D tax relief? A corporation tax relief introduced back in 2000 to incentivise innovative UK businesses to invest in R&D and create advances in science and technology. What […]
We are in the last throws of the Coronavirus Job Retention Scheme (Furlough) with the Government contribution being phased out before complete removal on 30 September 2021. The worrying question […]
With the whirlwind of the last 18 months still at the front of everybody’s mind, the Government’s ever changing COVID-19 support packages and restrictions have been a direct influencer for […]
Does business growth drive the evolution of its finance function, or vice-versa? The evolution of a finance function from a basic compliance tool to an analytical machine (shaping decision-making and strategy) is key in driving the development, strength and resilience of a business. Most organisations begin life with rudimentary finance processes and then build […]
With the easing of pandemic restriction in England set to lift on 19th July, employers need to look at working arrangements for their employees. So, how to decide where employees […]