Christmas parties are on the horizon – will you give HMRC a present?
Date posted: 10th Oct 2022
The summer is gone, autumn has begun and tubs of Quality Street are on the shelves in Tesco, which means that Christmas will be here before we can…
Date posted: 10th Oct 2022
The summer is gone, autumn has begun and tubs of Quality Street are on the shelves in Tesco, which means that Christmas will be here before we can…
Date posted: 10th Oct 2022
In our article earlier in the year, we set out some thoughts around the use of a holding company https://www.cliveowen.com/2022/05/do-i-need-a-holding-company/ and in particular some of the commercial advantages of…
Date posted: 26th Sep 2022
On 23 September 2022, chancellor Kwasi Kwarteng announced his mini-Budget. The chancellor outlined a series of fiscal updates including: Cuts to income tax Changes to stamp duty Scrapping…
Date posted: 17th Aug 2022
Making Tax Digital (MTD) for VAT has been with us since April 2019, with the extension to all VAT registered businesses from April 2022. The next roll-out will…
Date posted: 17th Aug 2022
With the departure of Boris Johnson, the contenders as leader of the Conservative Party and Prime Minister (PM) have now been whittled down to the last two –…
Date posted: 17th Aug 2022
In recent years HMRC have identified and successfully challenged a number of spurious claims for Research and Development (R&D) tax credit relief made by purported ‘R&D Consultants’. Many…
Date posted: 17th Aug 2022
In the increasingly competitive jobs market, it is important that employers are able to attract and retain talented people to help them grow their business. Within certain sectors,…
Date posted: 16th Aug 2022
HMRC are currently consulting on the precise details of what needs to be reported each quarter. As expected, it seems the accounting software will need to record and…
Date posted: 11th Jul 2022
At the time of writing (July 2022), the UK has one flat rate of corporation tax – 19%. However, there are planned increases to the rate from April…
Date posted: 11th Jul 2022
Recent data suggests that penalties imposed by HMRC were £571m in 2021/22. Whilst these penalties will cover a range of taxes and some will relate to tax avoidance…
