Research & Development (R&D) remains a highly beneficial area for those companies carrying out qualifying work. Historically it has been an underused relief with HMRC and Government seeking ways to highlight the availability of the …
The courts continue to find in favour of HMRC in cases involving avoidance schemes, with the most recent example being Vaccine Research Limited Partnership and another v CRC at the Upper Tribunal. With so many …
With all the fanfare of the increase in personal allowance to £10,000 ahead of schedule, the accelerated alignment of Corporation Tax rates and the £2,000 NICs break for small employers you may have missed some of these …
Budget 2013 announced the introduction of a 10% ‘Above the Line’ credit for large company R&D activity. The ‘Above the Line’ credit is designed to increase the visibility of large company R&D relief and provide …
The Patent Box From 1 April 2013 companies that make a profit from the exploitation of patents will benefit from a reduced rate of Corporation Tax. The reduced rate of Corporation Tax will eventually be …