Knowledge test

There may be times when the UK interest expense of a UK company or group increases to above £2m and therefore, as a result, the CIR rules should be considered….

I’ve been always been fascinated by the difference between cakes, biscuits and confectionery and had the pleasure of being part of the team that helped Tunnocks and Lees of Scotland…

Whilst Advance Assurance is not a prerequisite for an R&D tax relief claim, if the application is accepted by HMRC, it does guarantee that the claim will be accepted by…

Anyone with a passing interest in corporation tax will be aware that there has been an increase in HMRC’s ‘compliance activities’ focusing on R&D claims. HMRC are using a range…

In October 2023, HMRC published guidance in the form of a checklist of steps that it expects a company to take before claiming R&D tax relief. No guarantee is given…

The Chancellor has increased the current £85,000 VAT threshold to £90,000, claiming that this is designed to support businesses and sole traders which often put off growth due to the…

Going through a deal is an all consuming process. Understanding the business, carrying out the due diligence, working out what you are willing to pay and negotiating all the little…

One method of migration is for an existing holding company or company to cease to be tax resident in one country and become tax resident in another. A UK incorporated…

It is nearly 7 years since the corporate losses reforms were introduced from 1 April 2017, which included the concept of ‘carry forward’ group relief. Prior to 1 April 2017,…