Knowledge

The AIA permits businesses to claim in-year tax relief in full on certain capital expenditure. Where the value of expenditure exceeds the AIA (or where the AIA is not otherwise…

Back in July, when we were still preparing for an autumn Budget and in blissful ignorance of #lockdown2, the Chancellor wrote to the Office for Tax Simplification (OTS) asking them…

Fiscal projections were thrown out of the window as soon as the Chancellor unveiled his ambitious and wide-ranging package of measures aimed at propping up the economy through the worst…

HMRC have been busy sending letters to all VAT registered businesses within Great Britain (GB)  who trade with the EU and/or the rest of the world. The letters highlight the…

R&D consultation: a credit to government’s plan to foster innovation It’s not all doom and gloom.  HMRC revealed a consultation is taking place until 13 October 2020 to explore the…

Yesterday, the Chancellor, Rishi Sunak, wrote an open letter to the Office for Tax Simplification (OTS) asking them to perform a review into the Capital Gains Tax (CGT) regime, with…

HMRC has finally published its long-awaited policy on the impact of COVID-19 on the working-time requirement for Enterprise Management Incentive (EMI) schemes following its previous announcement in respect of Company Share…

R&D tax credits are a valuable incentive for businesses which engage in qualifying R&D activity. Our separate article here explains more about the tax relief available and our robust claim…

The latest Employment Related Securities bulletin issued by HMRC deals with the impact of COVID-19 on Enterprise Management Incentive (EMI), Save as you Earn (SAYE), Company Share Option Plans (CSOP),…