1. Changes in Research and Development Tax Allowances and Patent Box

    With effect from the 1 April 2015 the tax relief for qualifying expenditure on R&D increases to 230% for the SME scheme and in addition large companies “above the line” expenditure credit increases to 11%. […]

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  2. Abbey Tax

    With the government’s finances in a poor state we anticipate an increase in HMRC enquiries over the coming year. If adequate records are not retained, it can be very difficult and costly to refute HM […]

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  3. Tax Return Filing Deadline

    • 12 Jan 2015
    • By Philip Holdsworth

      As the 31 January filing deadline approaches, HMRC has compiled its annual list of excuses used in unsuccessful appeals against penalties for late filing and payment. They are – My pet dog ate my […]

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