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Understanding HMRC’s Latest R&D Tax Credit Statistics

Understanding HMRC’s Latest R&D Tax Credit Statistics

Summarising key points from HMRC's statistics regarding the number of companies claiming R&D tax credits its associated cost to the Exchequer

Protecting your business from Inheritance Tax (IHT)

If you are a business owner, Business Relief (BR) may be available to protect your business from Inheritance Tax (IHT). Read our article to find out more...

HMRC U-turn on double cab pick-up tax

On 12 February 2024 HMRC updated its guidance on the tax treatment of double cab pick-ups. Since then they have withdrawn the guidance following backlash from those within affected industries.

Does your charity have appropriate fundraising practices?

Funding of charities remains challenging, we have seen that many more charities are looking at their fundraising activity and considering how and what they can do to raise funds from the public. Read our article to recap on the basics to consider and manage risks in your charity appropriately.

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Does my company qualify for R&D tax credits?

Research and Development (R&D) tax credits were introduced in the UK in 2000 for Small and Medium-sized Enterprises (SMEs), and two years later for larger...

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Academy Trusts: Top 5 audit findings from the 22-23 year

Discover the top five audit findings for Academy Trusts in 2022-2023, including related parties and fixed assets, and learn how to address these issues effectively.

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Academy Trusts: Governance Reporting Requirements for GIAS, Companies House & Trust Website

Guidance on how academy trusts must report governance changes to GIAS, Companies House, and their own websites to remain compliant.

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Proposed reforms of the UK’s transfer pricing, permanent establishment and Diverted Profits Tax (DPT) rules

Following a consultation period in the summer of 2023, HMRC has now published a summary of responses, read our key takeaways.

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Understanding Transfer of a Going Concern: The basics of TOGC

Deciding whether the transfer of a business qualifies as a Transfer of a Going Concern (TOGC) for VAT purposes can be complex. Our article covers the basics of TOGC as well as clarifying the conditions that must be met, and indicators that should be considered, in order to treat a business sale as a TOGC.

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Employment Law: What we are expecting in 2024

2024 is set to be exceptionally busy for employers, HR professionals and employment lawyers. This article details what we can expect throughout the year, as well as what these changes will mean for employers and employees.

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Preparing charity accounts: The differences between charities and businesses

Preparing charity accounts The differences between charities and businesses

Payrolling Benefits in Kind (BIK) to become mandatory in 2026

On 16 January 2024 a policy paper was published outlining the Government’s intentions to mandate the reporting and paying of Income Tax and Class 1A National Insurance contributions (NICs) on benefits in kind (BIK) via payroll software. Read our article to find out how these changes may affect you.

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