£56 million overpaid in pension tax
In the second quarter of 2023, overpayments on pension tax in the UK reached £56 million. This was an increase of nearly £8 million from…
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New R&D supplementary information form in effect
As of 8 August 2023, all Research and Development (R&D) Tax Credit claims require the submission of an online Additional Information Form (AIF) providing supplementary…
Research and Development tax relief changes
The Government has recently updated some elements of the Research and Development (R&D) tax relief application process.
Preparing your business for a merger or acquisition
Mergers and acquisitions (M&A) are often completed to gain market share, increase revenue, or expand business amongst many other things.
Inflation and increased interest rates – What does it mean for businesses?
Office for National Statistics (ONS) data revealed that the Consumer Price Index (CPI) – the official measure of inflation – only fell to 8.7 per…
HMRC sets its sights on SMEs over UK tax gap
The tax gap in the UK – the difference between the amount of tax owed and the amount that has been paid – remains wider…