Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
26 February 2021
A critical Budget balancing act is required from Rishi SunakIt will go down as one of the most well-worn clichés of recent times but the last year really has been unlike any other that we have ever experienced. With that in mind, you have to feel a certain level of sympathy for Chancellor of the Exchequer, Rishi Sunak, who is currently preparing his first budget in 12 months.
23 September 2020
Impact of the Coronavirus Job Retention Scheme on R&D claimsCompanies will soon need to consider the impact of furloughed staff on their future R&D claims. This will form part of the work that we undertake in preparing our clients’ claims, but there are two key aspects to consider.
10 July 2020
Is there a case for a registration/accreditation system for R&D tax advisers?Whilst professional and ethical standards apply to members of the professional bodies such as the CIOT and ICAS, there is currently no requirement for an R&D tax adviser to be a member of such a body, or to have any particular qualifications.
09 July 2020
What does the Summer Statement mean for UK innovation, research and development?Most people will understandably be more interested in the “eat out to help out” scheme, the temporary VAT cut for hospitality and leisure and the wide range of job support measures. Behind those headline grabbers, I’ve looked through the Summer Statement documents for any announcements of further support for Research and Development (R&D) projects.
20 April 2020
Coronavirus - Improving your cash flow position using Capital Allowances and R&D reliefsIn the current economic conditions, the focus for many business owners will be on how they can retain cash in their businesses as well as looking at any opportunity to bring cash into the business using reliefs and incentives inherent in the UK tax system.
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