Our Blogs
HMRC Updates: What You Need to Know in Feb 2024 Maintenance
HMRC announces downtime for some of its essential services throughout the month of February, and users are asked to be mindful of it to avoid potential problems.
Join Our Newsletter
One to Many Campaign: HMRC Urges Swift Tax Review
HMRC has started its latest initiative with a One to Many letter campaign targeting undeclared income.
Taxpayers Lose Over £1bn due to R&D Tax Errors and Fraud
A lack of resources for monitoring compliance led to a record 341 tax reliefs costing taxpayers £204bn in 2023, with only 25 evaluated for cost-effectiveness in the last eight years. With a budget of just £600,000, the Treasury and HMRC face questions about the value for money offered by these reliefs.
Autumn Statement: R&D Relief Changes Set for 2024
In a significant move, the Chancellor has confirmed the implementation of an R&D relief overhaul, scheduled to take effect from April 2024. This...
Some Case laws affecting Business Asset Disposal Relief
Business Asset Disposal Relief (BADR), which used to be called Entrepreneurs' Relief, has been a major part of UK taxes. It gives entrepreneurs and...
Conditions for claiming Business Asset Disposal Relief
Business Asset Disposal Relief (BADR), formerly recognised as Entrepreneurs' Relief, offers a valuable opportunity for business owners to reduce...
A Surge in R&D Tax Reliefs: A Closer Look at £7.6bn Claims
The past year has brought about some remarkable changes in the ever-evolving landscape of research and development (R&D) tax reliefs. As we...
