Knowledge

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,…

This article considers the new scheme, analysing its motivations, implications for different company types, and potential outcomes for those involved. The current two-scheme system (SME and RDEC) presents complexities and…

As for Capital Allowances? Well, while we all knew from the outset that the Super Deduction would age like a Norwegian Blue, nevertheless it’s easy to have been taken by…

As a consequence of unpredicted factors affecting the economy in recent years, many businesses found themselves in need of additional funding to meet their cash flow needs. The loans may…