Feb 21, 2022 | Business Tax
Tax experts have urged the Government to "rethink" some R&D tax relief changes scheduled for April 2023, fearing small companies will miss out. The Association of Taxation Technicians (ATT) expressed concern about the plan to require companies to notify HMRC about...
Jan 12, 2022 | Business Tax
The Government "will not hesitate" to introduce a developers' tax to hit firms responsible for dangerous cladding in residential buildings if they do not volunteer to fix safety defects, housing and communities secretary Michael Gove has said. It brings an end to a...
Dec 14, 2021 | Business Tax
Tax reliefs targeted at the creative industries produced a return on investment of £13.48 billion gross value added (GVA) between 2017 and 2019, according to research from the British Film Institute (BFI). This amounted to a 23.7% GVA increase since 2017, with direct...
Dec 8, 2021 | Business Tax
HMRC has launched a call for evidence on how to reform the registration process of income tax self-assessment for the self-employed and landlords. Part of the Government's 10-year tax administration strategy, the call for evidence will be of interest to self-employed...
Nov 25, 2021 | Business Tax
Innovative businesses that receive tax relief through research and development (R&D) SME tax credits are being urged to submit their latest claims urgently. HMRC said firms should "submit claims as soon as possible to avoid a delay in receiving payments between...
