HMRC has published official statistics on the number of companies claiming tax relief under the UK Patent Box. The Patent Box allows qualifying companies to apply a lower 10% Corporation Tax rate on profits arising from patent exploitation. The
The government has launched a nationwide marketing campaign to ensure businesses are ready for the introduction of the UK’s new points-based immigration system from 1 January 2021. The campaign will run throughout the autumn, using a wide range of
As the EU withdrawal transition period draws to an end (completes 31 December 2020) UK businesses face yet more adjustments in addition to those presented by COVID disruption.
Businesses that trade with the EU should by now have matters in hand to
The first shipments of UK beef departed for the USA last week. 30th September 2020, marking an historic moment for UK farmers and food producers.
Following the USA’s longstanding ban on EU beef – introduced in the wake of the BSE outbreak in 1996 –
Making Tax Digital (MTD) will fundamentally change the way businesses, the self-employed and landlords interact with HMRC. The regime will require businesses and individuals to register, file, pay and update their information using an online tax
The Communities Secretary, Robert Jenrick, has announced that over 100 towns in England will each be given up to £1 million to kick start regeneration projects and give areas a boost.
The funding to be received varies between £500k and £1m per town.
The new Job Support Scheme will be introduced on 1 November 2020 as part of the government drive to help protect jobs where businesses are facing lower demand over the winter months due to coronavirus.
This scheme has been designed to support viable
Employers across the country have generally welcomed the announcement of the new Job Support Scheme that will be launched for 6-months from 1 November 2020.
The new Job Support Scheme has been designed to help those who are in work by allowing them
A PAYE Settlement Agreement (PSA) allows employers to make one annual payment to cover all the tax and National Insurance due on small or irregular taxable expenses or benefits for your employees.
The expenses or benefits included in a PSA must be
The coronavirus VAT payment holiday gave businesses the chance to defer the payment of any VAT liabilities between 20 March 2020 and 30 June 2020. The option for businesses to defer their VAT payments ended on 30 June 2020.
In delivering his Winter