Knowledge

The last consultation was led by the Office for Taxation Simplification, and resulted in the introduction of Structures and Buildings Allowances – widely criticised as one of the most (ironically)…

With sky high inflation rates, rising costs and interest rates and stellar energy bills, not to mention tax increases and the freezing of allowances which research[1] predicts will bring over…

Whilst there have been changes to the schemes over the years (we all know HMRC like to keep us on our toes!) it is great that the Treasury Committee has…

By way of background, the ‘IR35’ rules were introduced in 2000 to prevent self-employed workers avoiding PAYE and Class 1 National Insurance (NIC) by working through a personal service company…

On the table, there sits a rose Through every window A little light flows Books of feeling on the shelf above Cause it was built for love There is a…

If a prompt is received from HMRC suggesting that a furlough claim may be incorrect, details of where to make a disclosure should be included on the correspondence. Alternatively, HMRC’s…

The Automatic Overseas Tests whereupon an individual will be automatically non-UK resident if they meet the criteria of any of the three tests The Automatic UK Tests under which an…

I meet with a lot of businesses that are carrying out innovative activity when dealing with claims for research and development (“R&D”) tax relief and it surprises me how few…

Other examples of this planning we have experience of dealing with are: The demerger of property assets from trading activities for two separate groups prior to a merger of the…