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 claims
How can company tax planning help with cash flow?
Company tax planning can be useful to recover cash from HMRC or to reduce the amount of tax you are expected to pay – both valuable outcomes in managing your cash flow position.
Restructure and reduce risk using a Holding Company
A holding company structure could reduce risk for growing businesses and those with surplus assets. Is it time to reconsider your business structure?
Taxation of Coronavirus Support Payments
Government launches consultation on proposed tax treatment of Coronavirus support grant payments. Responses required by 12 June.
Income Tax Relief and Venture Capital Trust Shares
HMRC launch a campaign to ensure taxpayers understand when the income tax on Venture Capital Trust (VCT) investments is clawed back, and alter their timescales to reflect the challenging times we find ourselves in.
Government support for innovative firms
The Chancellor, Rishi Sunak, announced £1.25 billion of government support for innovative firms at the Downing Street Press Conference on 20 April 2020, delivered through the Future Fund and Innovate UK.