Business News
HMRC R&D Tax Credits Statistics (September 2023)
This executive summary provides an overview of the key findings from the HMRCs’ National Statistics on R&D Tax Credits for the tax year 2021 to 2022.
Construction Sector News
A round up of the main Construction and Built Environment stories from recent months.
Capital Gains Tax (CGT) 60 Day Forms
How to avoid a Capital Gains Tax penalty when selling a residential property. Read our blog for information on CGT 60 Day Forms.
How Capital Gains Tax Changes could impact your plans to sell
HOW CAPITAL GAINS TAX CHANGES COULD IMPACT YOUR PLANS TO SELL The 2023 Spring Budget announced the reduction of the Capital Gains Tax (CGT) threshold, slashed from £12,300 to £6,000. So, what does this mean? It now means, you’ll be charged CGT on assets over £6,000 at...
Spring Budget Statement 2023
Jeremy Hunt has used his Budget Statement to set out a number of measures with the aim of improving the country’s growth. The Chancellor has built on his Autumn Statement and the majority of the changes announced at that time will still come in as planned from April....
Research & Development relief guidance under review.
HMRC is inviting people to comment on draft guidance relating to the upcoming R&D tax credit relief reforms. The reforms, expected to be implemented from 1 April 2023, will change how R&D works in practice, and set out additional information requirements when...
Autumn Statement 2022
The Chancellor has used the Autumn Statement to set out a number of measures to improve the country’s economy via spending restrictions and tax increases and to reassure the markets' view of the UK. As the CPI hits 11.1% and the Bank of England predicts it will stay...
Chancellor’s Emergency Statement
The New Chancellor has announced the reversal of many changes from his predecessor’s mini-budged. Jeremy Hunt has moved to reverse many of the changes previously announced by Kwasi Kwarteng. The Chancellor will have his own mini-budget on 31 October supported by the...
Mini-Budget 2022
The Chancellor used his mini-budget to announce a broad range of measures to support individuals and business and reduce taxes Kwasi Kwarteng has moved to reverse previously announced tax rises and to announce a number of taxation reductions and incentives. Reversal...