More small and medium-sized businesses than ever are taking advantage of the landmark Research & Development (R&D) tax relief scheme, it has been revealed.
SMEs behind rapid rise in Research & Development tax relief claims
Tax
Transitionary rate of VAT for hospitality comes into force
The temporary reduced rate of VAT for hospitality has increased to a transitionary rate from today, 01 October 2021. Read more
MTD for Income Tax delayed until April 2024, HMRC confirms
Making Tax Digital (MTD) for Income Tax will be delayed until April 2024, the Government has confirmed. Read more
Reduce your tax bill with these four ‘quick wins’!
It is all too easy to pay too much tax. That’s the case for PAYE employees with relatively straightforward financial affairs, but the risk is highest for people with more complex finances because they own a business, invest in property, or are a high earner.
Chancellor to lay out plans in October Budget and Spending Review
The Chancellor of the Exchequer, Rishi Sunak, is expected to announce that the Government will be pumping extra billions into the economy when he sets out details of the Budget and Spending Review on October 27.
Personal tax: Thousands of parents “missing out” on Tax-Free Childcare
HM Revenue & Customs (HMRC) has reminded parents that they may be eligible for Tax-Free Childcare ahead of the new academic year. Read more
Tax-related scams double during coronavirus pandemic, figures reveal
Tax-related scams have almost doubled in the past 12 months, HM Revenue & Customs (HMRC) has revealed.
Tax-relief schemes may help start-ups raise outside investment – ICAEW
Tax-relief schemes may help start-ups and established businesses attract outside investment when traditional investment is not viable, a major regulator has said.