Knowledge

Like Economics, much of tax law can be abstract and nebulous so it was fortunate for my career that I found Capital Allowances. These are a part of the tax…

Whilst the R&D tax relief remains a key focus of the government’s drive to support and encourage innovation in the UK, HMRC have invested additional resources to ensure that claims…

The deferred element of the consideration may be quantified at a later date, typically using a formula based on two to three years’ post-acquisition revenue or profits. These arrangements are…

It is important to note that HMRC’s instruction manuals are based on their interpretation of the legislation and to make sure your returns are filed correctly at HMRC the precedent…

But while business owners (other than those selling commemorative coronation curios) may be less pleased at the additional lack of employee productivity during May, perhaps there is another way in…

The R&D tax relief rates for R&D expenditure incurred after 1 April 2023 is changing. The changes are designed to ensure that the schemes provide better value for the UK…

From April 2023, qualifying companies will be able to issue Company Share Option Plan (CSOP) options to employees over shares worth up to £60,000 (double the current £30,000 limit) and…

A company share buy-back, or company purchase of own shares, is often seen by business owners and shareholders as an attractive method of facilitating an exit for a shareholder as…

Capital Allowances The Chancellor has announced ‘full expensing’ for some types of plant and machinery for companies paying Corporation Tax.  This move was widely predicted – in large part because…