Improving the quality of data on the company register, a crackdown on overseas property owners and investment in IT systems are the priorities for Companies House in the next 12 months Companies House plans to invest £23m in modernising IT provision, according to the corporate plan...
Read MoreHMRC has halted the payment of research and development (R&D) tax credits while it investigates irregularities in claims for the relief HMRC contacted accountancy firms on Monday informing them of the decision to pause the payment of research and development tax credits as it investigates what...
Read MoreChancellor Rishi Sunak defended his Spring Statement yesterday calling his measures ‘progressive’ and that his income tax cut announcement was to ‘give a sense of direction’ In a Treasury Committee meeting, the Chancellor defended his Spring Statement stating that he was ‘very confident’ that his tax...
Read MoreFollowing a consultation on research and development (R&D) reliefs, the government has set out plans to go ahead with a number of changes to criteria and the introduction of tough new anti-abuse measures A review focused on the two R&D tax relief schemes - the Research...
Read MoreThe Court has dismissed a claim that expenditure of £26,050 fell under research and development (R&D) and has ordered the business to pay it back In September 2021, the First Tier Tribunal ruled that the expenditure of £26,050 by Grazer Learning Ltd was not classed as...
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