13th April 2021 13:04 pm
Research and development projects which will provide an advance in science and technology with innovative solutions are often subject to Tax relief. R&D Tax Credits can be claimed by a range of companies that seek to research and develop an advance in their field, even if the project was unsuccessful.…
HMRC has published internal manuals on cryptoassets taxation on 6th April 2021 detailing appropriate tax treatment as well as guidance for people holding cryptoassets regarding record keeping and liabilities. Companies or businesses involved in cryptocurrency activities (buying or selling, exchanging for other assets or cryptoassets, ‘mining’, providing goods or services…
21st March 2021 10:59 am
Company liquidation is usually a process carried out due to being financially unsuccessful or being unable to pay its creditors the money owed. If this was the case, the company would be placed into liquidation by the directors and shareholders, any remaining assets would be realised and any creditor liabilities…
This applies to companies within the charge to Corporation Tax investing in plant and machinery on or after 1st April 2021. The companies can claim for the investments made in qualifying expenditures between 1st April 2021 and 31st March 2023: Super deduction offering 130% first-year relief on qualifying main rate…
15th March 2021 12:18 pm
Started in 2017, the legislation was introduced making a statutory duty for organisations numbering 250 or more employees to give an annual report on their gender pay gap. This included the mean and median pay and bonus gaps, proportions of male and female in each pay quartile and proportions of…
