Insights

The substantial shareholding exemption (SSE) is tax relief that is available to companies that pay UK corporation tax. If available, it can…

Do your eyes glaze over when you get HMRC’s letter in the post informing you what your tax code is? And can…

It is common knowledge that if you use a privately owned car for business purposes, you are entitled to claim tax relief…

Although HMRC may be quite understanding when it comes to being a little bit late with tax payments, it is probably not…

Basis period reform is an accounting change that was introduced in the 2021 Autumn Budget and is in the process of becoming…

There are some significant changes that have recently been introduced in relation to R&D tax credits, with effect from varying dates. These…

A well established business to business loyalty card scheme, B2BTradecard, may be resulting in unforeseen tax implications for its users. This loyalty…

Employee share schemes are often a good way to incentivise staff; by giving them a share in the future success of the…

In the same way that businesses generate revenue projections to help them plan for the future, HMRC adopts a projected income approach…

We always try to stay vigilant and warn readers about scams and fake emails. A new one has been doing the rounds,…

Making a mistake on your tax return can create significant problems if it’s not addressed properly. In the eyes of HMRC, every…

The government has made changes to the R&D tax relief legislation in recent Budgets. The changes have been introduced to reduce tax…

Corporation tax was increased to 25% on 1 April 2023 and this change, together with previous changes to the way dividends are…

The Treasury recently undertook a consultation on its proposals to review R&D tax credits and intends to merge the current RDEC (large…

It is now mandatory to submit P11Ds and P11D(b)s online and has been since 6 April 2023. This is another part of…