Can you still claim tax relief for working from home?

Millions of workers were able to claim tax relief on expenses they incurred from working from home during the Covid-19 pandemic – but the rules have changed since then. Some people will still be eligible to make a claim for 2022-23 and beyond, but only in certain circumstances. If you were forced to work from […]

HMT consults on single R&D tax relief scheme

An eight-week consultation has been launched following the Autumn Statement announcement of a simplified, single RDEC-like scheme. On 13 January, HM Treasury launched a consultation on the design of a potential single research and development (R&D) scheme. The single scheme would be based on the current R&D expenditure credit (RDEC) scheme, which is currently aimed […]

HMRC relief statistics: costs in line with tax receipts

The annual release of tax relief statistics, published on 12 January 2023, shows a significant rise in the cost of some reliefs. However, overall, the percentage increase in cost between 2020/21 and 2021/22 was less than the increase in tax receipts over the same period. The report shows that the total cost of non-structural tax […]

Working from home tax relief claims for 2022/23

ICAEW’s Tax Faculty highlights that employees should check whether they are eligible to make a claim. Two relaxations were introduced as a result of the COVID-19 pandemic lockdowns to allow millions of employees to claim tax relief for the costs of working from home during the 2020/21 and 2021/22 tax years. These were: the relaxation […]