More recent posts
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Changes to R&D tax credit claims
Following the review of research and development (R&D) tax reliefs launched at Budget 2021, the government have announced significant new measures which will apply from 1 April 2023.…
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Capital Reduction Demergers – the fashionable way to split
Capital reduction demergers can be a very useful and tax-efficient method for business owners to split a corporate group. A capital reduction demerger is a specific way of…
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Planning is paramount for employee share schemes
Owner managed businesses operating employee share schemes need to ensure they meet all the necessary requirements to avoid unwanted HMRC attention. HMRC was recently successful in a case…
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Due distance – the new limb of due diligence
Since the Russian invasion of Ukraine, the extent of Russian financial involvement and fund integration in the UK and Western Europe has been well publicised. Last week for…
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Are tax rules for crypto assets too complex?
Recent HMRC research highlights a lack of understanding from crypto asset investors in relation to tax rules. Most individuals involves in crypto assets aim to see an investment…
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Are you prepared for a nudge letter?
HMRC have confirmed they intend to send ‘nudge letters’ to certain taxpayers who hold shares in the year to 5 April 2020. The letters are likely to target…
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HMRC announce R&D claim delays
HMRC has confirmed that it has halted the payment of some research and development (R&D) tax credits, while it investigates irregularities in claims for the relief. The treasury…
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‘No fault’ divorce – what are the tax implications?
There has been a significant alteration in divorce laws for England and Wales, with a ‘no fault’ divorce now permitting estranged couples to end their marriage without having…
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Recovery Loan Scheme – time’s running out
Businesses affected by the pandemic will need to ensure their Recovery Loan Scheme (RLS) applications are submitted and lender approved by 30 June 2022. What is the Recovery…