CIOT warns about new R&D tax relief rules 10 Jul 2023 Policy, Tax - The CIOT's concerns are aligned with the recent House of Lords committee report.
Spring Budget 2023 – The SME Summary 15 Mar 2023 Policy, Tax, Tech, Trends - Here is our summary of the key points for UK SMEs from Jeremy Hunt's 2023 Spring Budget.
Companies House changes 8 Mar 2023 Bookkeeping, Policy - The big upcoming change is that micro and small companies will have to report profit and loss statements.
Employment Allowance for 2023/24 7 Mar 2023 Employment, Policy - The employment allowance is not given automatically and must be claimed by employer.
Changes to R&D Tax Relief Rates 3 Mar 2023 Policy, Tax - From 01 April 2023, the rates for the SME and RDEC reliefs are changing.
Capital expenditure planning ahead of AIA limit increase 19 Dec 2022 Policy, Tax - AIA allows 100% relief for qualifying expenditures up to the limit.
Budget U-Turn: Which Measures Did Jeremy Hunt Cancel? 20 Oct 2022 Policy, Tax - With Jeremy Hunt's U-Turn, Britain's tax policies have been turned upside down again, almost like they were never changed in the first place.
The Mini-Budget for Scale-Ups and Start-Ups 23 Sep 2022 Policy, Tax - Today, new Chancellor Kwasi Kwarteng announced plans on tax, energy and economic growth policies that collectively signify a complete u-turn from the previous government's initiatives.
R&D Tax Credits Changes Coming Into Effect Next Year 22 Jul 2022 Fundraising, Policy, Tax - The reform is part of the government's ambitious aim to foster investment in R&D up to 2.4% of UK GDP by 2027.
VAT case: HMRC v Netbusters 14 Jul 2022 Policy - Netbusters is an important case that could allow a claim of overpaid output tax to HMRC.
New VAT Penalty Regime 13 Jul 2022 Bookkeeping, Clients, Deadlines, Policy, Tax - For VAT periods starting on or after 1 January 2023, the default surcharge will be replaced by new penalties.
PAYE cap on R&D Tax Credits 27 May 2022 Policy - This newly introduced measure limits the amount of payable R&D tax credit that an SME can claim.