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HMRC issue marriage allowance claims reminder

HMRC have issued a reminder that married couples and those in civil partnerships could reduce their income tax by up to £252 a year by sharing their Personal Allowances. Marriage…
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Using Cash Basis to workout your income and expenses for your Self Assessment tax return

‘Cash basis’ is a way to work out your income and expenses for your Self Assessment tax return, if you’re a sole trader or partner. Why use cash basis If you…
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New approach could narrow scope of R&D tax relief

R&D tax relief has been a valuable source of innovation funding for thousands of UK businesses since it was first introduced but HMRC’s approach to subsidised expenditure could soon see…
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Covid-19: HMRC issue briefing on collecting tax debts

HMRC have issued a briefing setting out their approach to collecting tax debts and customer support as the UK emerges from the Covid-19 pandemic. The briefing sets out: •what HMRC…
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More money for businesses than you know

Even with a little glowing light at the end this unimaginably long tunnel, it does feel like for 2021, things just managed to get worse. But we’re not here to…
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COVID Losses Cash Back Bonus – up to triple the benefits!

Due to the impact of COVID-19, the government want to give businesses who have suddenly suffered significant losses, an opportunity to get some additional cash back into their struggling business.…
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