Month: November 2024

HMRC Disallows R&D Tax Relief Claims

Written by Tony Shackleford on November 15, 2024.

HMRC have announced that they are currently disallowing approximately 2/3rds of R&D tax relief claims. I believe the phrase ‘better late than never’ may be appropriate.

R&D, R&D tax relief

Taxation of Company Vehicles

Written by Tony Shackleford on November 12, 2024.

Benefit in kind tax is charged on cars supplied to employees by employers. Tax is calculated by mulitplying the list price of cars by a percentage, which is dependent upon the CO2 emissions of the...

Budget, budget 2024, car benefit, Electric cars, electric cars tax, fuel benefit, taxation of electric cars, van benefit

Government to Recruit Staff for HMRC

Written by Tony Shackleford on November 1, 2024.

The government has announced that £1.6bn is to be spent on recruiting an additional 7,000 staff into HMRC. This move seems sensible, as HMRC is currently so under resourced, that it is struggling to...

HMRC, HMRC Staffing, HMRCF Staff

Double Cab Pick Up Tax Change Again

Written by Tony Shackleford on November 1, 2024.

As part of the budget process, the government has announced that double cab pickups are going to be taxed as cars, for the purposes of corporation tax and income tax (benefits in kind). Although for...

coca cola case, Double cab pick up, tax on double cab pickups

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Month: November 2024

HMRC Disallows R&D Tax Relief Claims

Taxation of Company Vehicles

Government to Recruit Staff for HMRC

Double Cab Pick Up Tax Change Again