Government looks again at R&D tax changes for SMEs
The Government has announced a consultation into the allocation of R&D tax credits following concern over a cut in funding for small businesses.
Tax Credits
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A guide to electric company cars and tax
According to figures from the Society of Motor Manufacturers and Traders (SMMT), electric vehicles, whether full electric or different forms of hybrid, account for more than 25 per cent of…
Rules for claiming tax relief for travel expenses to temporary workplaces to remain unchanged despite Covid-19 impact
The “24-month rule” on claiming tax relief for travel expenses to temporary workplaces will continue to apply even if the employee was on furlough, HM Revenue & Customs (HMRC) has…
HMRC unable to process “significant” number of 2020/21 tax returns due to SEISS reporting errors
HM Revenue & Customs (HMRC) has been unable to process a “significant” number of 2020/21 Self Assessment tax returns due to Self Employment Income Support Scheme (SEISS) reporting errors, it…