The changes come amid “concerning” reports of abuse and fraud in R&D tax relief for SMEs, according to Chancellor Jeremy Hunt Read More...
View articleThe total value of R&D claims in the UK fell by 4% between 2019/20 and 2020/21 Read More...
View articleMarket participants are hoping Chancellor Jeremy Hunt will clarify IR35 rules in the upcoming Autumn budget Read More...
View articleThe UK government’s U-turn jeopardises the contracting market and vital supply chains, experts say Read More...
View articleUse of the schemes has been rife since the latest IR35 private sector reforms, one market participant said Read More...
View articleATT technical officer, Emma Rawson, looks at what contractors and their advisors need to consider following the Chancellor’s unexpected IR35 announcem...
View articleAccountancy firms say there are still many unanswered questions after Chancellor Kwasi Kwarteng’s speech Read More...
View articleMeanwhile, an uptick in the number of claims appears to show an innovation investment slump Read More...
View articleThe deadline of September 1, 2022 for registering all trusts in existence at October 6, 2020 (unless specifically excluded) on the Trust Registration ...
View articleHead of tax at KPMG UK says devolution needs to be considered as a component of leveling up Read More...
View articleNew Prime Minister Liz Truss must review IR35 rules and support SMEs, business leaders and tax experts say Read More...
View articlePresident of the Chartered Institute of Taxation says HMRC’s performance standards are ‘falling short’, reinforcing the need for reformed digitalisati...
View articleThe prospect of reform is welcome, but must be taken with a pinch of salt, sources say Read More...
View articleProposed reforms to the UK’s R&D tax regime could see a clamp down on “opportunistic advisers” Read More...
View articleHow has HMRC managed its metamorphosis from benevolent supporter of businesses during the pandemic to hard-nosed tax collector? Litigation specialists...
View articleHMRC intends to crack down on both self-employed workers and those who are paid through a personal service company (PSC) Read More...
View articleWhile Rishi Sunak stands firm on his “sound money” values, appealing to the interests of businesses could be the route to the top job, experts argue R...
View articleNew government proposals see scope widen in some areas but narrow in others Read More...
View articleUHY Hacker Young and audit engagement partner Martin Jones face fines of more than £300,00 following Laura Ashley audit breaches. Read More...
View articleIt’s been over two years since the introduction of so called ’60-day’ (originally 30-day) reporting. These rules represent a major change in the natur...
View articleRegardless of how effective the super-deduction has been in incentivising investment and boosting productivity, economists and tax professionals alike...
View articleWith the Plastic Packaging Tax (PPT) having come into force on April 1, affecting manufacturers and plastic packaging importers, John Edwards, CEO of ...
View articleAccountants with contractor clients must take practical steps in an attempt to fly under HMRC’s radar Read More...
View articleThe “dramatic” increase may spur similar action in other jurisdictions, according to one expert Read More...
View articleForthcoming government changes will seek to tighten the regime to foster a “new culture of enterprise” Read More...
View articleHMRC’s latest compliance crackdown could set a damning precedent for the contracting industry, market participants say Read More...
View articleATT technical officer, Emma Rawson, looks at a recently published consultation considering whether the UK should introduce an online sales tax, and wh...
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