News

Annual R&D spend in the UK reaches £25 billion
According to the latest figures from the Office for National Statistics (ONS) businesses in the UK spent £25 billion on research and development (R&D) during 2018. The
Read more...
Keeping workplace gifts tax-free this Christmas
Over the Christmas period, you may wish to treat your employees. This is a tried and trusted approach to building a strong relationship with your team. But
Read more...
HMRC urges taxpayers to be vigilant ahead of self-assessment deadline
HM Revenue & Customs (HMRC) has urged taxpayers to be vigilant ahead of the self-assessment deadline on 31 January 2020, with a surge in fraudulent activity expected.
Read more...
The end of the help-to-buy ISA – What’s next?
Since 2015, banks and building societies have been offering help-to-buy ISAs to first-time buyers. To qualify, you had to be 16 or over and be a first-time
Read more...
Late payments a huge drain on SMEs
Small firms are owed a staggering £23.4 billion in late payments, an issue that is continuing to cause greater problems for businesses each year. In the last
Read more...
Around half of the UK’s SMEs admit to making errors on taxes
According to accounting software providers, QuickBooks, over 50 per cent of UK small and medium-sized enterprise (SME) owners have made a mistake when filing their VAT returns, while
Read more...
Newly cohabiting parents warned over new tax charge
Newly cohabiting couples, where at least one of the partners is a parent, have been warned by a leading insurer to be aware of a new tax
Read more...
Pension holders to be refunded £54 million of overpaid tax
New figures released by HM Revenue & Customs (HMRC) have revealed that it handed back more than £54 million to people who had overpaid tax on pension
Read more...
Businesses and contractors offered clarity on IR35
With less than six months left until the introduction of the IR35 regulations in the private sector, HM Revenue & Customs (HMRC) has finally released additional guidance
Read more...
Spanish holiday home owners cautioned over post-Brexit tax impact
With the UK currently set to leave the EU by the end of January 2020, anyone who owns a Spanish holiday home needs to be prepared for
Read more...
Grant scheme opportunities for electric vehicle charging infrastructure at work
With the projected growth of electric car ownership in coming years, the Government is offering grants to support businesses who introduce charging infrastructure at their place of
Read more...
Countdown to the 31 January Self-Assessment Tax Return deadline begins
Fewer than 100 days now remain until the 31 January 2020 deadline for the online submission of Self-Assessment Tax Returns. Self-Assessment Tax Returns must be completed in
Read more...