HMRC set to reform R&D tax relief system

HMRC set to reform R&D tax relief system

Following a recent review, HMRC have estimated they have lost out on £311m in the last 2 years alone due to fraudulent and incorrect claims. Consequently HMRC have put plans in place to reform the current R&D tax relief system in an attempt to reduce these issues....
NR Barton assist on Bromak recruitment sale

NR Barton assist on Bromak recruitment sale

Fawkes & Reece, the southern England-based construction, civil engineering and built-environment recruiter, has expanded its recruitment coverage in the UK with the acquisition of Bromak Ltd. Based in Bolton, Bromak provides permanent and freelance candidates to...
Payroll Year End: Are you ready?

Payroll Year End: Are you ready?

Payroll year end is fast approaching and now is the time to act to ensure you have put plans in place to ensure your payroll team are prepared. One of the key things to remember is that you must report to HMRC on the previous tax year by 19 April. At the same time it...
HMRC confirm R&D offset position

HMRC confirm R&D offset position

HMRC’s policy team have issued some good news to businesses with the confirmation that  R&D tax credit repayment claims will not be subject to offset against tax deferred under a coronavirus scheme. This means that if your business has, for example, deferred its...
HMRC write off £4.3bn in Covid payments lost to fraud

HMRC write off £4.3bn in Covid payments lost to fraud

HMRC are expecting to recover £1 of every £4 stolen from the public purse by fraudsters during the pandemic. In figures published last week a total of £4.3 billion has been written off. This represents c74% of the total £5.8 billion that was stolen from its emergency...
NR Barton assists on sale of Lifting Gear UK Group

NR Barton assists on sale of Lifting Gear UK Group

(Pictured left to right: Scott Lees, Hayden Turner, Andrew Harrison, Jasmin Turner, Camilla Turner, Marina Turner, Chris Turner, Andy Stafford, Cathy Rogers.) A local Wigan accounting firm NR Barton, involved with Lifting Gear UK Group since their incorporation, has...