Expenditure on research and development (R&D) performed by UK businesses was £50bn in 2023, an increase of £1.4bn since 2022 (2.9%), according to the data for 2023 from the Office for...
Individuals who are registered for self assessment but whom HMRC suspects have not declared income from renting out property are likely to be receiving a nudge letter from HMRC.
The department...
Savers who withdrew a pension lump sum because of speculation about changes that might affect their pensions in the 2024 October Budget will not be able to return them.
HMRC confirms in Pensions...
Overlap relief
HMRC has published a new calculator to work out the overlap relief figure for 2023-24 for self-employed people or those in a partnership. The calculator cannot be used if more than two...