MTD ITSA regulations amended but concerns remain
[ad_1] ICAEW’s Tax Faculty examines the latest MTD publications, including the amended MTD ITSA regulations and the government’s response to the public accounts committee report on MTD. If this article is supporting your professional development, it can count towards your verifiable CPD hours. Use the pop up at the bottom right corner of your screen […]
R&D tax relief merger to go ahead despite concerns
[ad_1] Jeremy Hunt has confirmed in the Autumn Statement that the two existing research and development tax relief schemes will merge with effect for accounting periods from 1 April 2024. The UK currently has two schemes for providing tax relief for qualifying research and development (R&D) expenditure: enhanced tax relief and payable credits for qualifying […]
Adjudicator’s report raises concerns over HMRC’s service
[ad_1] The Adjudicator’s annual report highlights that HMRC’s complaints handling performance has not fully recovered post pandemic. A large number of complaints are raised prematurely by those who have been unable to successfully navigate HMRC’s internal complaints system. The Adjudicator’s Office Annual Report 2023 is the seventh and final report by Helen Magarry, who left […]