R&D relief updates for SMEs

R&D relief updates for SMEs

You may recall that in November’s Autumn Statement, Jeremy Hunt promised to return with a more robust R&D tax credit scheme for smaller research-intensive companies. Well, in the Spring Budget earlier this month, updates to Research and Development (R&D)...
VAT and Property Option to Tax: what’s happening?

VAT and Property Option to Tax: what’s happening?

From the 1st of February 2023, HMRC will stop sending receipt letters for VAT option to tax (OTT) notifications. They will, however, still send an automated email reply to OTT notifications sent via email.  We recommend that you bear this in mind, and use email when...