For accounting periods which began on or after 1 April 2023; Companies that have not previously claimed R & D or have not made a claim in the last three accounting periods need to notify HMRC that they intend to make a claim within six months of the end of the accounting period they wish to claim for.
So, a company with a 12 month accounting period ending on 31 March 2024 will need to notify HMRC by 30 September 2024. We will be reminding you as we approach deadlines.
From 1st April 2026, the national minimum & national living wage will be increasing to the following: New Old Apprentices* £8.00 £7.55 Under 18 £8.00 £7.55 18-20 year olds £10.85 £10.00 21 & over £12.71 £12.21 *The apprentice rate only applies to enrolled apprentices under the age of 19. Any apprentices aged 19 & over must […]
Rachel Reeves delivered the Spring Statement on Tuesday 3 March, and the link below will direct you to the information and key points announced. If you wish to discuss any of the contents, please contact our team on 01623 420269.
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