Here are the headlines from the Chancellor’s Autumn Budget. We have focussed particularly on the business tax measures announced in the Budget.
business rates
R & D tax credits
Autumn Statement 2023
The headlines from the Autumn Statement 2023 and a more detailed summary. Covers National Insurance, Capital allowances, Business rates and R & D.
The Spring Statement 23 March 2022
In his Spring Statement, Mr Sunak announced a 5p cut in fuel duty, an alignment of NI thresholds with personal tax allowance from July 2022, and promised a 1p cut in income tax, but not until April 2024.
Government publishes review of R & D tax relief regime
Government review of R& D tax relief indicates that the relief does promote R & D spending but that 51% of companies have never heard of it. Richard Coombs takes a look at the findings.
Tax advice from our expanding tax advisory team
Bates Weston Tax welcome Liz Pepper to our growing tax advisory team. Major decisions, especially for owner managers, have far reaching impacts. Our job is to help them take the big decisions with confidence. Recognised by Tolleys’ for our work with OMBs, we offer rounded practical tax advice.
A warning not to cut corners on R&D claims
Craig Simpson, tax partner at Bates Weston stresses the need for rigorous attention to detail and issues a warning not to cut corners on R&D claimsÂ
HMRC take their time with R & D tax credit claims
HMRC taking 90 days instead of 28 to process R & D tax credit claims, but hope to be up to date by the end of September.
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