Business

June downloadable guides

Our monthly downloadable guides for you to tread at your leisure.

UK government announces plans to increase company size thresholds from October 2024

In May 2023, the Department for Business and Trade issued a call for evidence to gather views on the UK’s framework for non-financial reporting. Part of the call for evidence centred around reporting thresholds, both company size and company type. The number of categories a company can fall into has increased steadily over time and it has become a complicated aspect of the non financial reporting framework to navigate.

Help to see if your work qualifies as Research and Development for tax purposes

Research and Development (R&D) tax reliefs were introduced in a bid to support UK companies working on innovative projects in science and technology. Before submitting a claim, you will need to consider if your activity will be eligible for R&D tax reliefs.

May downloadable guides

Our monthly downloadable guides for you to tread at your leisure.

The HMRC app

In recent months, HMRC has been under pressure to reduce wait times on their phone lines and the new HMRC app is hoped to start to relieve the pressure on the phones. Here is a quick summary of what you can achieve with the new app and how to download it.

Charities Act 2022 – changes that came into force on 7 March 2024

The new statutory power that trusts and unincorporated associations can use to make changes to their governing document is now in force.

If using this power, charities will need to get the Commission’s authority to make certain ‘regulated alterations’ in the same way as charitable companies and Charitable Incorporated Organisations (CIO).