‘Arbitrary’ new R&D threshold could encourage fraud
Brexit & Economy

‘Arbitrary’ new R&D threshold could encourage fraud

2y Sam Alberti

‘Arbitrary’ new R&D threshold could encourage frau...

40% R&D threshold is an "arbitrary" number and may exclude many SMEs, accounting experts caution Read More...

View article
‘Further complexity’: accountants split on new R&D reliefs
Budget

‘Further complexity’: accountants split on new R&D reliefs

2y Sam Alberti

‘Further complexity’: accountants split on new R&D...

New R&D tax measures mark 'return to generosity' but add complexity, argue accounting experts Read More...

View article
Spring Budget: UK will not enter a recession, says Jeremy Hunt
Budget

Spring Budget: UK will not enter a recession, says Jeremy Hunt

2y Greg Noble

Spring Budget: UK will not enter a recession, says...

Chancellor Jeremy Hunt has unveiled the contents of his first Budget in the House of Commons Read More...

View article
Get the latest analysis and reports delivered to your inbox daily
What to look out for in the Spring Budget, according to the accounting market
Budget

What to look out for in the Spring Budget, according to the accounting mark...

2y Sam Alberti

What to look out for in the Spring Budget, accordi...

Though likely to be lacking in headline-grabbing policies, the 2023 Spring Budget could prove critical for the UK economy Read More...

View article
Dave Chaplin: ‘IR35 is a growth issue for the Tories’
Budget

Dave Chaplin: ‘IR35 is a growth issue for the Tories’

2y Sam Alberti

Dave Chaplin: ‘IR35 is a growth issue for the Tori...

As the Spring Budget approaches, dissenters of the UK government’s increasingly complex contractor legislation are baying for change. HMRC has already...

View article
Accounting bodies: HMRC service levels ‘top priority’ for Spring Budget
Budget

Accounting bodies: HMRC service levels ‘top priority’ for Spring Budget

2y Sam Alberti

Accounting bodies: HMRC service levels ‘top priori...

HMRC service levels have fallen to an “unacceptably low level” and must be urgently addressed as part of the forthcoming Spring Budget statement, the ...

View article
Chancellor ‘walking on a knife edge’ with Capital Gains Tax
Budget

Chancellor ‘walking on a knife edge’ with Capital Gains Tax

2y Greg Noble

Chancellor ‘walking on a knife edge’ with Capital ...

There has been an 18% increase in CGT in the last year alone Read More...

View article
Self-employed ‘abandoned’ as IR35 absent from Autumn Statement
Budget

Self-employed ‘abandoned’ as IR35 absent from Autumn Statement

2y Sam Alberti

Self-employed ‘abandoned’ as IR35 absent from Autu...

Clarity is desperately needed following a series of U-turns, market participants have said Read More...

View article
Autumn Statement 2022: UK officially in recession amid gloomy economic forecasts
Budget

Autumn Statement 2022: UK officially in recession amid gloomy economic fore...

2y Greg Noble

Autumn Statement 2022: UK officially in recession ...

The Office for Budget Responsibility judged that the UK is already in recession, with the economy set to shrink by 1.4% next year Read More...

View article
Autumn Statement 2022: R&D relief for SMEs slashed
Budget

Autumn Statement 2022: R&D relief for SMEs slashed

2y Sam Alberti

Autumn Statement 2022: R&D relief for SMEs slashed

The changes come amid “concerning” reports of abuse and fraud in R&D tax relief for SMEs, according to Chancellor Jeremy Hunt Read More...

View article
Autumn budget preview: Jeremy Hunt must ‘clarify’ ambiguous IR35 rules
Budget

Autumn budget preview: Jeremy Hunt must ‘clarify’ ambiguous IR35 rules

2y Greg Noble

Autumn budget preview: Jeremy Hunt must ‘clarify’ ...

Market participants are hoping Chancellor Jeremy Hunt will clarify IR35 rules in the upcoming Autumn budget Read More...

View article
Rishi Sunak must ‘press the reset button’ on small business support
Budget

Rishi Sunak must ‘press the reset button’ on small business support

2y Sam Alberti

Rishi Sunak must ‘press the reset button’ on small...

Independent workers have been hamstrung by a series of “tax-grabs”, one expert said Read More...

View article
Mini Budget 2022: IR35 reforms to be repealed
Budget

Mini Budget 2022: IR35 reforms to be repealed

2y Sam Alberti

Mini Budget 2022: IR35 reforms to be repealed

Market participants have welcomed the “huge victory”, but warned that the government mustn’t waste time in making its next move Read More...

View article
Spring Statement: R&D tax credits to be reformed in the UK
Budget

Spring Statement: R&D tax credits to be reformed in the UK

3y Sam Alberti

Spring Statement: R&D tax credits to be reformed i...

Widening the scope of the scheme will help the UK become a “science superpower”, according to Chancellor Rishi Sunak Read More...

View article
Budget 2021: High Street given a boost as business rates slashed
Budget

Budget 2021: High Street given a boost as business rates slashed

3y Sam Alberti

Budget 2021: High Street given a boost as business...

The temporary tax cut will apply to over 90 percent of all retail, hospitality and leisure businesses Read More...

View article
Making the most of what you lost
Budget

Making the most of what you lost

4y Emma Rawson

Making the most of what you lost

The Budget 2021 and Finance Bill introduced new extended loss carry back for businesses, with ATT technical officer Emma Rawson outlining the new rule...

View article
Industry brandishes tax consultation day a “damp squib”
Budget

Industry brandishes tax consultation day a “damp squib”

4y Aoife Morgan

Industry brandishes tax consultation day a “damp s...

Tax leaders criticise the much-anticipated consultation day following delays at the treasury Read More...

View article
Corporation tax hike: Business bears cost of pandemic
Brexit & Economy

Corporation tax hike: Business bears cost of pandemic

4y Tom Lemmon

Corporation tax hike: Business bears cost of pande...

Tax on profits will rise to 25 percent in 2023 Read More...

View article
Budget 2021: Chancellor extends business rate holiday; new grants for reopening
Budget

Budget 2021: Chancellor extends business rate holiday; new grants for reope...

4y Jeremy Chan

Budget 2021: Chancellor extends business rate holi...

Business rate holiday extended another three months and reduced for the rest of the fiscal year Read More...

View article
Chancellor extends furlough and widens cash grants access for self-employed
Budget

Chancellor extends furlough and widens cash grants access for self-employed

4y Leanna Reeves

Chancellor extends furlough and widens cash grants...

The Chancellor of the Exchequer says the government is “proud of the furlough” Read More...

View article
Budget 2021: Pandemic could trigger a review of UK tax policy
Big Four

Budget 2021: Pandemic could trigger a review of UK tax policy

4y Amanda Tickel

Budget 2021: Pandemic could trigger a review of UK...

Timing is everything when it comes to tax rises says Amanda Tickel, Deloitte’s new head of tax policy Read More...

View article
Budget 2021: Delays in consultations sparks curiosity among tax leaders
Budget

Budget 2021: Delays in consultations sparks curiosity among tax leaders

4y Aoife Morgan

Budget 2021: Delays in consultations sparks curios...

Tax professionals expect a “fuller than usual” Autumn Statement following the UK government’s announcement to delay tax consultations until March 23 R...

View article
IMRG director: Online sales tax too narrow in focus
Budget

IMRG director: Online sales tax too narrow in focus

4y Aoife Morgan

IMRG director: Online sales tax too narrow in focu...

Omni-channel retailers disadvantaged the most Read More...

View article
Consumer and business confidence vital to restore British economy, says RSM partner
Budget

Consumer and business confidence vital to restore British economy, says RSM...

5y Leanna Reeves

Consumer and business confidence vital to restore ...

RSM partner says Bank of England needs to focus on consumer and business spending to revive UK economy Read More...

View article
CBILS revamped and expanded to support UK business
Budget

CBILS revamped and expanded to support UK business

5y Shannon Moyer

CBILS revamped and expanded to support UK business

The UK government’s CBILS scheme has been updated to include more small businesses under its remit, as well as offering new assistance to large busine...

View article
“An immensely testing time for accountants”
Budget

“An immensely testing time for accountants”

5y Tom Lemmon

“An immensely testing time for accountants”

Here are the key takeaways from our recent webinar, in association with Receipt Bank, where we discussed how coronavirus, the budget and the added sup...

View article
UK SMEs unprepared to apply for loans
Budget

UK SMEs unprepared to apply for loans

5y Jeremy Chan

UK SMEs unprepared to apply for loans

The government has announced businesses support measures to help keep companies afloat, but SMEs may have trouble accessing credit Read More...

View article