Coronavirus (COVID-19) Business Interruption Loan Scheme Guidance

Coronavirus (COVID-19) Business Interruption Loan Scheme Guidance

Further to our Government Support guide the British Business Bank have now issued their guidance as to eligibility criteria for businesses wishing to access the Coronavirus Business Interruption Loan Scheme (CBILS) as follows: The British Business Bank qualifying...
R&D tax credits: Claims to be limited from April 2020

R&D tax credits: Claims to be limited from April 2020

Why HMRC elected to bring back PAYE/NIC cap for R&D tax credits and what does this mean for your claim? As things stand, R&D tax credits are available to loss making companies with relevant qualifying expenditure at a rate of 14.5%. This means that small and...
Our tax change predictions for 2020

Our tax change predictions for 2020

Usually, by this time of year we’d have a fairly clear picture of the tax changes set to take effect in April. But 2019 has been unusual in many ways, and as the Budget originally planned in November was cancelled to make way for the general election,...
Delays to R&D tax credit claims

Delays to R&D tax credit claims

Businesses have been experiencing “significant delays” to their research and development (R&D) tax credit claims in recent months. R&D relief is available to companies that work on innovative projects in science and technology, with the aim of...