Half of all STEM businesses plan to move R&D activity overseas due to forthcoming changes Read More...
View articleAt the beginning of the year, HMRC implemented a new penalties system for late VAT submissions and payments. The new points-based penalty system is ar...
View articleLast month, a report into the UK's progress towards net zero recommended that the Treasury should review how the tax system could be used to incentivi...
View articleHMRC has emphasised that all mediators will be impartial throughout the ADR process Read More...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT) considers four allowances to use before it’s too late Read More...
View articleAn estimated £469m worth of R&D-related error fraud occurred in the 2021/22 financial year Read More...
View articlePenalty and settlement reportedly issued by former chancellor to HMRC in September 2022 Read More...
View articleHMRC receives criticism from taxpayers as January 31 deadline looms Read More...
View articleAccountants must embrace technological advancements to keep up with legislation and innovate for clients Read More...
View articleThe new scheme will seek to allow businesses to more effectively budget for R&D expenditure Read More...
View articleThe attempt to reduce bogus claims has been described as a ‘sledgehammer to crack a nut’ Read More...
View articleNearly six million self-assessment taxpayers are still yet to file returns Read More...
View articleRegulatory divergence is on the rise across several key markets. As a result, corporates of all shapes and sizes are facing increasingly complex digit...
View articleHMRC are facing backlash over their recent customer service shortcomings Read More...
View articleEmma Rawson, ATT technical officer, takes a look at the new VAT late payment and filing penalties which will apply from January 1, 2023 Read More...
View articleThe 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...
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