If you have, or know of, a child that was born between 1st September 2002 and 2nd January 2011, then they would have been entitled to a Child Trust Fund; the government’s tax-free savings account scheme that was set up for children born within this period. The scheme...
In our most recent edition of Tax Tuesday, we looked at the changes to research and development compliance as part of HMRC’s crackdown on tax relief fraud. However, R&D is not the only relief to be taken advantage of – the complexity of the UK’s tax relief...
The UK’s research and development (R&D) sector is a hub of innovation, and a key contributor to the nation’s economy. To support this, the government has offered various tax relief schemes since 2000, recognising the efforts of UK companies investing in research...
If you’re a landlord looking to expand your property investment portfolio, it’s understandable that you’ll want to keep your operations as tax efficient as possible. After all, you’re running a business. It was recently cited by CBRE that the UK private rental sector...
‘The digital age’ is a phrase that we’re all too familiar with in 2023, as countless systems become digitalised. UK business owners are no strangers to digital tax processes ever since the government began rolling out their Making Tax Digital for VAT scheme in 2019...
Just last week, Tata, the owner of Jaguar Land Rover, confirmed plans to build its flagship electric car battery factory in the UK. Tata is set to invest £4bn in their Somerset site but this will also be supported by subsidies from the government which are thought to...