Warning as HMRC cracks down on R&D tax relief
Businesses are being warned that HMRC is cracking down on potentially fraudulent claims for research and development (R&D) tax relief.
Businesses are being warned that HMRC is cracking down on potentially fraudulent claims for research and development (R&D) tax relief.
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’.
In the Spring Budget 2024, the Chancellor announced that the government was ‘sticking to the plan’ and therefore able to make further tax cuts for working people and to boost growth.
Get all the latest insights and analysis on the upcoming Spring Budget from our tax experts. Visit our Budget News webpage for the latest tax changes and their impact.
The Economic Crime and Corporate Transparency Act became law in October 2023. Since then, HMRC have been getting ready to introduce the measures brought in by the act and they are aiming to introduce the first set of changes on 4 March 2024.
Holiday let and empty homeowners in the region could soon face higher council tax bills and bin collection charges.