Important R&D changes from April 2023

The government are committed to a number of important changes to Research & Development (R&D) tax relief from 1 April 2023. It […]

If you would like to legitimately reduce your 2021/22 tax bill that you have just paid, or your bill for 2022/23, you […]

Date What’s Due 01/02 Corporation tax payment for year to 30/4/22 (unless quarterly instalments apply) 19/02 PAYE & NIC deductions, and CIS […]

At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax […]

For most taxpayers the maximum pension contribution is £40,000 each tax year, although this depends on their earnings. This limit covers both […]

Top of the New Year to do list for many individuals is to make or update their Will. Many think this is […]

When considering the wording of your Will you should note that the inheritance tax (IHT) nil rate band continues to be frozen […]

The CGT annual exempt amount reduces from £12,300 to just £6,000 for gains made in 2023/24. Remember that the 2022/23 allowance is […]

The 130% super-deduction for the investment in plant and machinery was introduced in the March 2021 Budget. The enhanced tax deduction is […]

The 130% super-deduction referred to above only applies to limited companies, however the Annual Investment Allowance (AIA) is available to unincorporated businesses […]