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.
When an employee is provided with a company car, to avoid a taxable car fuel benefit, fuel must only be provided for business travel. To ensure this is the case, two methods are available, the first being preferable: Many years ago HMRC started to issue ‘Advisory Fuel Rates’, which they allow for the above calculations […]
The Chancellor, Rachel Reeves, delivered the Autumn Budget on Wednesday 26 November, the link below will give you all the information and key points. If you wish to discuss any of the contents with one of our team, please contact the office on (01623) 420269.
We use cookies to ensure you get the best experience on our website. Read more in our privacy policy.
